Question
Under the defined contribution plan, the amount of
pension on retirement is dependent upon which of the following factors?Solution
A Pension plan be either a defined benefit plan or a defined contribution plan. 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.
With which of the following institution Luxembourger Stock Exchange signed an MoU to set up a long-term cooperation mechanism and promote ESG (Environme...
At the 2023 Asian Games in Hangzhou, India’s tally of medals stood at ______ overall, in comparison with its overall tally of ______ medals at the 201...
‘Pusa Yashasvi’ is a new type of which variety?
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How many players are there in the soccer team?
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According to the legal order of the Indian Constitution, which of the following words is literally 'presenting body (person)'?
The Constitution (126th) Amendment Bill which was passed by Parliament in December 2019, seeks to extend the reservation quota for the SC a...
To neutralise the effect of formic acid injected by ant bite, which among the following can be used?
What was discussed during the Sangam Dialogue as part of the Digital Twin initiative?