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  1. Investment in ULIPs is related to which section of the Income Tax Act?
    2. A.
    58C
    B.
    65B
    C.
    78A
    D.
    80C

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    Answer : Option D

    Explanation :

    Investment in ULIPs is eligible for tax benefit up to a maximum of Rs A. 5 lacs under Section 80C of the Income Tax Act.

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