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प्रश्न
A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.
विकल्प
Pension
Group insurance
Gratuity
Provident fund
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उत्तर
A voluntary payment made by an employer to an employee who retires after long and dedicated services is Gratuity.
Explanation:
A gratuity is a payment provided by an employer to an employee upon retirement to show appreciation for their long and loyal service to the company.
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संबंधित प्रश्न
Social security implies measures to protect workers against distress caused by ______.
What is a Provident Fund Scheme?
Briefly explain the term Pension?
Why is 'Gratuity' given by an employer to an employee?
What do you mean by group life insurance?
Mention any two ways by which employees get social security.
Mention any two advantages of group life insurance to employees.
Explain any two social security measures adopted in India.
| Mr. Khanna, a manager in a public limited company, is turning sixty years of age and is about to retire from the organisation after a long and dedicated service. |
In this context answer the following:
- Name any two Acts pertaining to Mr. Khanna's retirement.
- Discuss the reasons why these two Acts need to be effected in organisations.
Distinguish between social insurance and social assistance
