Question
An individual who may become eligible to receive payment
due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known as?Solution
A beneficiary is any person who gains an advantage and/or profits from something. In the financial world, a beneficiary typically refers to someone who is eligible to receive distributions from a trust, will or life insurance policy. Beneficiaries are either named specifically in these documents or have met the stipulations that make them eligible for whatever distribution is specified.
1. Who among the following is an Indian table tennis player?
Which among the following can also be termed as the National Income of a country?
Paytm has acquired a personal assistant app Shifu for how much ?
Which of the following is an example of an artificial ecosystem?
अधीनस्थ न्यायालय की श्रेणी में नही आता है ?
In which state is the famous Amer Fort located?
Which Indian social reformer was known as 'Lokhitwadi'?
Which country recently surpassed Saudi Arabia to become top oil supplier of India?
Which of the following mahajanapadas was situated in Madhya Pradesh?
Which of the following are peripheral devices of a computer?
1. Plotter
2. Control unit
3. Scanner
4. ALU