Who provides public pensions?

A Insurance company
B NGO's who get Government money
C State
D Employees

Correct Answer: State

State provides public pensions. Public pension plans typically provide pensions based on members' years of service and average salary over a specified number of years of employment.
Bissoy MCQ
#Commerce #Insurance

Related Questions

Who provides Occupational pensions?
A Insurance companies
B Employers
C Individuals
D State
Which country was the first in introduce old age pensions?
A Italy
B Sweden
C German
D Greece
Which of the below risk cannot be addressed through pensions?
A Life longevity
B Inflation
C Investment risk
D Early death
What is the basic contingency associated with pensions?
A Mortality
B Morbidity
C Post-retirement income security
D Disability
Why Pensions are said to represent the flip side of life insurance?
A Life insurance provides protection against premature death whereas pension covers the contingency of living too long
B In life insurance premium payments result in creation of sum assured. In case of pensions, the corpus gets liquidated by regular income payments
C Both A & B
D None of the above
Which article of the Indian Constitution provides for equal opportunities for all citizens in Public employment?
A Article-22
B Article-16
C Article-20
D Article-25
If the members of the Public service Commission are V ,W and Z , and If the Rent control Commission is to have as many members in common with the Public Service Commission as the rules allow , the Rent Control Commission must consist of __
A U , W and Z
B V, X and Z
C X, y and Z
D V , W and Z
If the members of the Public Service Commission are V,W, and Z, and if the Rent Control Commission is to have as many members in common with the public service commission as the rules allow, the Rent Control Commission must consist of
A U,V, and W
B V,W, and Z
C V,W, and Z
D V,X and Y
In recent survey of the student of a public university . It is found that 65% students are good in Mathematics and 45% students are good in Mathematics and 45% students are good in Statistics. How many students are good in both Mathematics and statistics of the public university?
A 20%
B 5%
C 15%
D 10%
The visibility of a property or method can be defined by prefixing the declaration with the keywords public, protected or private. Class members declared public can be accessed everywhere. Members declared protected can be accessed only within the class itself and by inherited classes. Members declared as private are not accessible.
A True
B False

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