The objectives of social security can be categorized as _____.
A
Compensation
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B
Restoration
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C
Prevention of loss
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D
All of the above
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Solution
The correct option is C All of the above
The objectives of social security can be categorized as:
a) Compensation
b) Restoration
c) Prevention of loss 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.