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Workers rights

A/an is a sum...

Question

A/an is a sum of money paid by the employees in the form of an investment, which is returned to them when they retire.

A

provident fund

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B

gratuity

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C

insurance

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D

medical fund

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Solution

The correct option is A provident fund
A provident fund is a sum of money paid by the employees in the form of an investment, which is returned to them when they retire. One of the most popular pension accounts is known as employee provident fund.

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