R2: Prevention of Money Laundering Act (PMLA)
Prevention of Money Laundering Act, 2002 (PMLA) Overview The Prevention of Money Laundering Act, 2002 (PMLA) is a law in India aimed at preventing and controlling money laundering and related…
R1: Foreign Exchange Regulations Act (FEMA)
Foreign Exchange Management Act, 1999 (FEMA) Overview The Foreign Exchange Management Act, 1999 (FEMA) was enacted to consolidate and amend the laws related to foreign exchange. Its primary objective is…
I16: Unit Linked Insurance Product (ULIP)
Unit Linked Life Insurance Product (ULIP) Overview A Unit Linked Life Insurance Product (ULIP) is a hybrid financial instrument that combines life insurance coverage with an investment component. It offers…
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