Question
The Employees' Provident Fund Organisation (EPFO) is in
the process of appointing an actuary firm for which purpose?Solution
The Employees' Provident Fund Organisation (EPFO) is in the process of appointing an actuary firm for the purpose of providing consultancy services to it on matters related to insurance and staff pension cum gratuity.     The statutory body under the Ministry of Labour & Employment had issued a request for proposal (RFP) to appoint an actuary or an actuarial firm to carry out the annual valuation of the Employees Deposit Linked Insurance (EDLI) scheme fund, valuation and projection exercise of the Employee Pension Fund (EPF) staff pension cum gratuity scheme, leave encashment and any other scheme for EPFO employees that may be applicable or introduced during the tenure.
Which of the following is the primary reason why bias occurs in sampling?
In which programming language are pointers explicitly supported and used for memory manipulation?
Which of the following traversal algorithms is guaranteed to visit all vertices in the minimum number of edges in an unweighted graph?
Which of the following scheduling algorithms can cause the starvation of low-priority processes?
Which of the following best describes the difference between simple moving averages and exponential smoothing in forecasting?
In which scenario is stratified sampling most suitable?
In data management, what role does metadata play when working with a large dataset of customer transactions?
Which sampling technique involves dividing the population into mutually exclusive subgroups and then randomly selecting samples from each subgroup?
Which of the following best explains why sampling is used in data analysis?
Which of the following Excel functions is most appropriate for dynamically summarizing data from multiple tables by matching a key value?