Examveda

Which of the following is incorrect in the context of social insurance?
1. Under this, government provides assistance to the needy persons without any contributions from their end.
2. The government may incentivise this scheme by providing subsidies.
3. Under this, employer and employees contributes to maintain a fund.

A. Only 1

B. Only 2

C. Only 3

D. Both 2 and 3

Answer: Option A


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