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Statement 1 is incorrect. Pension funds are not managed by the government alone. They are set up by employers and/or employees or by a combination of both, and managed by professionals who are responsible for investing the contributions made by employees in a range of assets. The government may regulate pension funds to ensure they are operating in accordance with certain rules and guidelines, but they are not exclusively available to government employees. Statement 2 is correct. Pension funds invest in a variety of assets, such as stocks, bonds, and real estate, in order to grow the funds and provide a return for retirees. The types of assets in which pension funds invest may vary depending on the investment strategy, risk tolerance, and investment goals of the fund.
Which number system is commonly used in mathematics and everyday life?
In a LAN, what is a common device used to connect multiple segments or networks and make forwarding decisions based on MAC addresses?
What is the worst-case time complexity of inserting n elements into an empty linked list, if the linked list needs to be maintained in sorted order? Mo...
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______ is defined as the end to end time required for the signal to travel from transmitter to receiver and ____ is defined as...
What does the term "phishing" refer to in the context of cybersecurity?
An online discussion group that allows direct live communication is known as
What is the primary goal of cybersecurity?
The act of simplifying a system in order to reduce complexity and allow efficient design and implementation is called as?
Which of the following is a new semantic element introduced in HTML5?
What command do you have to use to go to the parent directory?