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प्रश्न
This scheme was launched with the objective of providing long-term recurring financial assistance to the employee after retirement and to his family in case of premature death while in service
पर्याय
Group Insurance
Gratuity
Pension
Provident Fund
MCQ
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उत्तर
Pension
Explanation:
The key phrase here is “recurring financial assistance”. Pension schemes are specifically designed to provide a continuous, regular income stream (annuity) to employees post-retirement or to their families, unlike Provident Funds or Gratuity, which are typically one-time lump-sum payouts.
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