Question
Which of the following is a type of pension plan where
the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula?Solution
A defined benefit plan is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula. This formula typically takes into account the employee's length of service, salary history, and other factors.
Which state government approved a new industrial and EV policy for the state on Feb 2023?
Recently the Central government announce to allocate an additional Rs 28,000 crore for which of the following central flagship programme?
How many tunnels are part of the Bairabi–Sairang railway project in Mizoram?
- Where is SECI’s 200 MW Solar Project being developed in Madhya Pradesh?
For 2022-23, an export target of ____ has been fixed by the Agricultural and Processed Food Products Export Development Authority (APEDA).
From which date did key provisions of the Banking Laws (Amendment) Act, 2025, come into force?
- How many pillars form the foundation of Maharashtra’s new education policy as aligned with NEP 2020?
What new warfare component was introduced in NOMADIC ELEPHANT 2025?
The 28th Asian Table Tennis Team Championship 2025 will be hosted in which Indian city?
Which portal was launched by RBI in May 2024 for regulatory application processing?
