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Examveda

Which among the following is a wealth accumulation product?

A. Bank Loans

B. Shares

C. Term Insurance Policy

D. Savings Bank Account

Answer: Option B

Solution(By Examveda Team)

Shares is a wealth accumulation product. To build a corpus for long-term goals like buying a house, building a retirement kitty or funding a child's education, investors must choose products that provide enhanced earning power. This can come in the form of diversified equity funds.

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