
IC02-Chapter 5
Quiz
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Other
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Professional Development
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Practice Problem
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Medium
Remya A
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Group Insurance plan in which employer have to pay a certain portion along with employees is known as
Non Contributory Insurance plan
Contributory Insurance Plan
Free Insurance plan
Deduction Insurance Plan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the pension scheme known as when the amount of pension is known before hand
Guranteed Benefit Pension Scheme
Group Super annuation Scheme
Define Contribution Scheme
Defined Benefit Scheme
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the pension scheme known as when the amount of pension is known before hand
Guranteed Benefit Pension Scheme
Group Super annuation Scheme
Define Contribution Scheme
Defined Benefit Scheme
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of the method by which an employer pays gratuity from the current year revenues to.its employees when they leave the company?
Internal Trust
Pay as you go
Internal reserve method
Group gratuity scheme
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the investment of the funds in a gratuity scheme give a lower return than expected there can be a deficit, the burden of that will be borne by the
Employer
Insurance Company
Government of India
None of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
EDLI Stands for
Employees dividend liability insurance
Employees deposit liability insurance
Employees deposit linked Insurance
Employees dividend linked Insurance
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following is a pension scheme
Super Annuity Scheme
Super Annuation Scheme
EDLI
ESLI
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