3294. Which of the following statement is correct in respect of Endowment policy?

By Administrator / August 24, 2025

Shorter the policy term, lesser the investment element

Shorter the policy term, larger the investment element

Longer the policy term, larger the investment element

Term and investment element do not bear any relationship

✅ The correct answer is B.
Shorter the policy term, larger the investment element is correct in respect of Endowment policy.

3283. With which of the theories of wages, is the name of John Stuart Mill associated?

2. Which of the following is suitable after you install new drivers?

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