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      Question

      _________is a sum of money paid by an employer to an

      employee for services rendered in the company
      A Pension Correct Answer Incorrect Answer
      B Gratuity Correct Answer Incorrect Answer
      C Salary Correct Answer Incorrect Answer
      D Premium Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Gratuity is the sum of money paid by an employer to an employee for his/her rendered services to the organization for the tenure of his/her services.

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