MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

ESIC and other benefits

Which of the ...

Question

Which of the following is a scheme that offers help to subscribers who contribute a fixed amount of money regularly?

A

Provident fund

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Insurance

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Pension

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Allowance

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Insurance
Insurance is a scheme that offers help to subscribers who contribute a fixed amount of money regularly.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Shashi had a sum of money. Two-thirds of the total money he invested in scheme A for 6 years and rest of the money he invested in scheme B for 2 years. Scheme A offers a simple interest at the rate of 12% per annum and scheme B offers a compound interest (compounded annually) at the rate of 10% per annum. If the total sum obtained from both the schemes is Rs 2805. What was the total amount invested by him in scheme A and scheme B together?

Q. Identify the scheme that offers economic help to destitute widows.

Q. Susan invested certain amount of money in two schemes A and B , which offer interest at the rate of 8% per annum and 9% per annum , respectively . She received ₹1860 as annual interest .However, had she interchanged the amount of investment in the two schemes , she would have received ₹20 more as annual interest . How much money did she invest in each scheme ?

Q. Abhishek invested an amount of Rs. 45000 for 2 years with company B under scheme III which offers compound interest and Jeevan invested an equal amount for 2 years with company C under scheme IV which offers simple interest. Who earned more interest and how much?

Q. The fixed deposit scheme is one where you need to deposit money for a fixed period of time for a interest rate.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

ESIC and Other Benefits

CIVICS

Watch in App

explore_more_icon

Explore more

ESIC and other benefits

Standard VII Civics

Join BYJU'S Learning Program

CrossIcon