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Question

______ refers to protection provided by the society to its members against providential mishaps over which a person has no control.

A
Pension
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B
Gratuity
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C
Social security
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D
Salary
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Solution

The correct option is D Social security
Social security refers to protection provided by the society to its members against providential mishaps over which a person has no control. Social security schemes are only available to the the employees of the organized sector of India. Unorganized sector in India does not have an opportunity to participate in the social security scheme offered in India.

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