Vidyalelo
Commerce · Q367

Insurance

Graduate and Post Graduate · Commerce · question 367

Q367

State which of the following statements is correct

A.
In ULIPs, the offer bid spread is the difference between the two prices
B.
In ULIPs, the offer bid spread, will in some cases be zero
C.
Both the above statements are correct
Answer
D.
Both the above statements are wrong

Answer: Option C

Solution

Answer: Option C
Solution:
Both the statements are correct.
In ULIPs, the offer bid spread is the difference between the two prices. In ULIPs, the offer bid spread, will in some cases be zero.