The facility to withdraw 1 3rd of the accumulated amount at...

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The facility to withdraw 1/3rd of the accumulated amount at the time of retirement is called

A. Switching

B. Commutation

C. Taxing

D. Encashment

Answer: Option B

Solution (By Examveda Team)

The facility to withdraw 1/3rd of the accumulated amount at the time of retirement is called Commutation.

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