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• The Life Insurance Corporation of India (LIC) announced the launch of a non-participating product – ‘Amritbaal’. • The product, designed for children, will be available from February 17, 2024. It is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan. • The plan is designed to meet the higher education and other needs of the child. • It facilitates the accumulation of a corpus through Guaranteed additions at the rate of Rs 80 per thousand basic sum assured at the end of each policy year from the inception till the end of the Policy term, provided the policy is in force. • The Minimum Sum Assured is Rs. 2,00,000, with no limit for the Maximum Basic Sum Assured. Learn Along: About LIC • The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost. • Chairperson : Siddhartha Mohanty Headquarters: Mumbai
Choose the word opposite in meaning to the given word.
Frail
Empathy
...A) Horrible B) Horizontal C) Hostile D) Friendly
A person who believes in God
Someone who is self-employed and hired to work for different companies on particular assignments.
One who dies for a noble cause
Select the most appropriate ANTONYM of the given word.
Timid
Select the most appropriate synonym of the given word.
Repulsive
...Discursive
The teacher was impartial when grading the assignments.