A Pension plan be either a defined benefit plan or a defined contribution plan. · A defined benefit plan is one which gives guaranteed retirement benefits irrespective of the returns generated by the pension fund. This is type of pension plan is usually funded by employers for its employees with retirement pay-outs as per a set formula based on salary, employees age, tenure of service. As such, here the amount of pension on retirement is already known. · A defined contribution plan is one in which the pension depends on the contributions made and the return generated on the investment made of those contributions. In this plan, the contribution made for the pension fund is defined or fixed. For example NPS or EPF where a fixed amount is contributed every month from the salary.
What order do the majority of stored food grain insect pests belong to?
Soils having white encrustation of soluble salts at the surface, known as __ ?
Maximum amount of rice is produced in which state in India?
Grouping of two or more than two consumers for a product or service so that their needs are better served, can be defined as-
The Central Silk Board was established in:
In case of degraded alkali soil, if the extensive leaching of saline-sodic soil occurs in absence of any source of calcium and magnesium, part of exchan...
A national scheme that aims to promote uniformity in agricultural marketing is:
Fertigation system of irrigation is the
The best example of multistoried cropping is?
Preparing farm budget in advance is known as________
