Question
The period during which the owner of a deferred annuity
makes payments to build up assets is called?Solution
Accumulation phase has two meanings for investors and those saving for retirement. It refers to the period when an individual is working and planning and ultimately building up the value of their investment through savings. The accumulation phase is then followed by the distribution phase, in which retirees begin accessing and using their funds.
How do GFCs contribute to global economic growth?
Which of the following is an example of a risk avoidance technique?
As per the Credit Guarantee Scheme for Micro and Small Enterprises (CGS-MSE), what is the maximum credit facility limit eligible for guarantee coverage ...
What does the “E” stand for in OECD.
In a perfectly competitive market, which of the following conditions must hold for the market to be in equilibrium?
As of February 2024, in which of the following foreign countries, an Indian traveller cannot pay for local purchases through UPI?
According to the revised SEBI Circular, when are employees now required to place their bids for OFS?
The introduction of the Standing Deposit Facility was recommended by ____ committee.
Which of the following statements is incorrect about the Indian economy as the Indian Budget 2023-24?
Which of the following is not an exceptional item in Profit and loss account?