
HR Seminar - Quiz 1
Authored by Ali Nawaz
Professional Development
KG - Professional Development
Used 8+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of a Pension Funds is to:
Invest to maximize gains
Deduct money from your monthly income
Function as a retirement saving and wealth management tool
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investing objective of MRPS aims to:
Achieve gains equivalent to Treasury Bill rate
Preserve the member’s Retirement Saving by beating Inflation Rate
Beat share prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As per the Pension Act, my employer is mandated to:
Register me in the MRPS scheme, only.
Deduct 14% from my monthly salary for MRPS.
Contribute on my behalf, 7% equivalent of my monthly salary to MRPS.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The retirement income you get from MRPS is dependent on:
Contributions, investment return, investment duration.
Contributing amount and investment return.
Contribution and age of contribution.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Compared to Growth Assets, Cash equivalent assets have:
More volatile returns
More stable income
Lower investment risk
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