Question
Under the Unified Pension Scheme (UPS) in Odisha, what
percentage of the last drawn pay will employees with 25 years of service receive as pension?Solution
The Unified Pension Scheme (UPS), replacing the National Pension System (NPS), ensures that employees with at least 25 years of service receive 50% of the average of the last 12 months' basic pay as pension.
Section 64VB requires what action for a policy to be effective? Â Â Â Â Â Â Â Â Â Â Â
Any such transaction, in which any property is transferred in the name of one person and payment is made by another person is known as?
Who is the author of the book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor?”
In relation to insurance sector, what is the full form of EP?
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
One of the methods of reducing insurance cost of an insured is __________.
Which of the following terms is NOT associated with insurance?
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
Risks that affect simultaneously a great number of policyholders is called?
In which year, the Actuaries Act was passed by Indian government?