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Distinguish between social insurance and social assistance.

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Questions

Distinguish between social insurance and social assistance.

State any two differences between social insurance and social assistance.

Distinguish Between
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Solution

  1. In social insurance, the employer and the employee contribute, while social assistance is given by the government.
  2. Social insurance is payable without considering the financial position of the employee. But social assistance depends on the employee's financial position.
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Social Security in India
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Chapter 12: Industrial Relations, Trade Union and Social Security - QUESTION BANK [Page 226]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 12 Industrial Relations, Trade Union and Social Security
QUESTION BANK | Q 8. | Page 226
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