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What is a Provident Fund Scheme?
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Briefly explain the term Pension?
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Why is 'Gratuity' given by an employer to an employee?
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What do you mean by group life insurance?
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Distinguish between gratuity and provident fund.
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Mention any two ways by which employees get social security.
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Mention any two advantages of group life insurance to employees.
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Explain any two social security measures adopted in India.
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Explain the benefits provided by employers to employees under the Employees State Insurance Act.
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Explain the benefits provided by employers to employees under the Maternity Benefit Act.
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| 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.
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State any three features of Group Insurance.
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Distinguish between Provident Fund and Pension.
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Distinguish between social insurance and social assistance
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Discuss the advantages of insurance to businessmen.
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Discuss the advantages of insurance to the public.
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The ______ selection tests seek to measure a candidate’s capacity to learn particular skills and test his potential abilities.
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Name any two main financial institutions in India.
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What are the sources of long-term finance for a business enterprise? Explain.
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What are the various sources of raising borrowed funds for a business?
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