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Integrity, in layman's terms, means the person is honest, responsible, and trustworthy.

In other words, you could trust that person to do the right thing even when you are not watching them. That's integrity.

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14y ago

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What is integrity and accepts responsibility for results?

Integrity means honesty and faithfulness. Integrity involves owning up to one's mistakes and taking responsibility for one's error. Some people try to blame others when the errors are themselves. Integrity and responsibility go hand and hand.


Why can't you get a personal loan from a bank?

You can. You just have to meet the requirements. If you don't have a regular income, plus sufficient proof of integrity and intent and ability to repay, plus collateral, plus whatever else the bank requires, then you're not meeting their terms, and they (usually) won't want the risk.


Why is important to manage your finances?

To show accountability, probity and integrity


What is a ULIP?

In terms of functioning, ULIPs are very similar to Mutual funds. A ULIP can be considered as a type of mutual fund that provides you insurance benefits and that too, to the extent you want. The money you invest would be converted into units just like in MFs and invested in the stock market and also you would be charged an amount out of your premium to provide you the insurance coverage you want. For a layman we can assume that ULIP = Mutual fund + Insurance


What is the definition of 'ulip'?

In terms of functioning, ULIPs are very similar to Mutual funds. A ULIP can be considered as a type of mutual fund that provides you insurance benefits and that too, to the extent you want. The money you invest would be converted into units just like in MFs and invested in the stock marketand also you would be charged an amount out of your premium to provide you the insurance coverage you want. For a layman we can assume thatULIP = Mutual fund + Insurance

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