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Question
Social security implies measures to protect workers against distress caused by ______.
Options
Old age
Sickness
Misbehaviour
No job
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Solution
Social security implies measures to protect workers against distress caused by old age and sickness.
RELATED QUESTIONS
When the Principal of a school retires, the vice - principal is given her place. Identify which of the following will be true in this context.
- The vice-principal is being transferred
- The vice-principal will be getting a higher salary
- The vice-principal is getting promoted
- The vice-principal will be getting the same salary but her designation will change
The National Pension Scheme seeks to provide old-age security to the citizens.
NPS stands for ______.
What do you mean by group life insurance?
Distinguish between gratuity and provident fund.
Explain any two social security measures adopted in India.
Explain the benefits provided by employers to employees under the Employees State Insurance Act.
Explain the benefits provided by employers to employees under the Maternity Benefit Act.
| 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 Provident Fund and Pension.
