Which of the following statement/s is/are correct to pension funds?
1. Pension funds are financial tools that help you in accumulating funds for your post-retirement years.
2. Investing a certain amount regularly towards your pension fund, you will build up a considerable sum in a phase-by-phase manner.
A. 1 is correct
B. 2 is correct
C. 1 and 2 is correct
D. None of the above
Answer: Option C
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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