Vidyalelo
Commerce · Q788

Insurance

Graduate and Post Graduate · Commerce · question 788

Q788

Under Defined Benefit type, the benefit payable is independent of

A.
Contributions
B.
Investment earnings
C.
Both A & B
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
Under Defined Benefit type, the benefit payable is independent of Contributions and Investment earnings.