Question
In case of a defined benefit pension plan, the risk of
investment and planning is with _____Solution
A Pension plan be either a defined benefit plan or a defined contribution plan. A defined Benefit plan is commonly referred to as a pension plan 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. And the risk of investment and planning is with the employer.
Heat stored in water vapour is –
Which of the following statements is true when we see 'rainbow'?
Which material is primarily responsible for the elasticity found in leggings and athletic apparel?
The splitting up of white light into seven colours on passing through a glass prism is called as
A ray of light from the object parallel to principal axis of a concave lens, after refraction appears to diverge from which point on the same side of th...
The instrument for measuring intensity of earthquakes is called –
What is the SI unit for measuring speed?
The hair of shaving brush clings together when removed from water due to –
The instrument which uses sound waves to measure the depth of oceans is –
Which one of the following animals can hear ultrasonic sound?
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