Question
An annuity that is bought as one nears retirement age so
that the annuitant can start receiving payments as soon as the initial investment is made, is known as ___________Solution
An immediate annuity is a plan wherein the premium is paid in lump-sum and not multiple number of times. With the immediate annuity contract, an individual will receive a guaranteed payout at regular interval of time. An immediate annuity should be bought by those individuals who are at the verge of retirement and are looking forward to receiving income every month with immediate effect.
According to an official spokesperson, polling was held amid tight security arrangements in 29 municipal councils and panchayats (over the State).
The Laffer curve, though a subject of ingoing debate A. , suggests that there exists an optimal tax rate at which B. tax revenue is maximized, beyond w...
Directions : In the question below, two sentences with one word in each highlighted in bold. From the options, choose the one that can replace the high...
The government has no choice than to curtail the subsidies in order to curtail fiscal deficit.
Below are given some sentences (1), (2), (3), (4) and (5). All the sentences represent the same idea expressed in different ways. You have to choose th...
"An interview after the campaign ends (is the normal) for every candidate and every campaigner in every election," he said.
Select the correctly punctuated sentence from the options below.
 Select the option that best conveys the original sentence's meaning and in a grammatically correct way.
The economic downturn, coupled with r...
Add suitable question tags to the following statements from among the choices given below them:Â
Myna ran her bicycle over a colony of ants, _...
We have been living in this house _______ 1965.
