Top 50+ Solved Retirement, Retirement Benefits, Pention, Provident fund and Gratuity, New Pension scheme MCQ Questions Answer

From 1 to 15 of 31

Q. Retirement benefits ensure

a. timely completion of task by the employees

b. security of the employee after his service

  • b. security of the employee after his service

Q. The retirement system should

a. seek to adjust its features to the needs of the changing time

b. seek to adjust according to the demands of the employees

  • a. seek to adjust its features to the needs of the changing time

Q. Pension is paid in

a. fixed annually amount

b. fixed quarterly amount

  • c. fixed monthly amount

Q. Retirement benefits make

a. public service more attractive than private entities

b. public servants sluggish in their job

  • a. public service more attractive than private entities

Q. Retirement benefits is one way of

a. making the private enterprise employees jealous to public servants

b. justice brought by the state to their employees after their long years of service

  • b. justice brought by the state to their employees after their long years of service

Q. Every retirement system makes a provision for

a. pensions to the members retired

b. a chance to avoid responsibilities by government servants

  • a. pensions to the members retired

Q. A public servant may be forced to retire due to

a. his slothful nature

b. unprofessional behavior towards his superior

  • c. physical disability or ill health

Q. If a public servant retired due to physical disability he will be paid

a. proportionate pension

b. invalid pension

  • a. proportionate pension

Q. Pension are paid wholly by the government but they cannot be

a. transferred to any family member

b. provide anymore once the pensioner passed away

  • c. claimed as a right

Q. There are three forms of retirement systems- non contributory,

a. partly contributory and wholly contributory

b. partly contributory and quarterly contributory

  • a. partly contributory and wholly contributory

Q. Under non-contributory system,

a. the government do not contribute to the retirement allowances

b. the government pay the entire cost of making the retirement allowances

  • b. the government pay the entire cost of making the retirement allowances

Q. The contribution of the employees is secured through

a. compulsory deductions from their salaries

b. one time deduction in large amount from their salaries

  • a. compulsory deductions from their salaries

Q. The retirement of older employees from highest positions is essential to

a. provide opportunities to those all other employees

b. provide opportunities for promotion to younger group of employees

  • b. provide opportunities for promotion to younger group of employees

Q. One of the reasons of so much craving for public services is

a. the system of pensions after retirement

b. more allowances than private enterprises

  • a. the system of pensions after retirement
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