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.
Which USSD code facilitates the offline payment option in UPI, aiming to encompass all mobile users within the UPI ecosystem?
Which of the following is an input device?
Who among the following got the award of the scariest costume ?
Which one of the following books was not written by R.K. Narayan?
Which city in Brazil is set to host the 2024 Group of 20 (G20) Summit in July?
Which among following statements about Bhagoriya is/are correct?
1. Bhagoriya is a one of the major festival of tribal people
2. Bha...
With which of the following sports are the terms ‘Serve’ and ‘Volley’associated?
Which is the National Animal of India?
Who among the following was the first woman Sarpanch of a Gram Panchayat?
Which of the following statements is correct?.Â