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Which one of the following is correct?
Answer & Solution
Correct Answer:
Option
D
Both the statements are incorrect.
Under Defined Benefit scheme, pension paid was not linked to investment performance of fund and Under Defined Contribution scheme, pension paid was linked to investment performance of the fund.
Under Defined Benefit scheme, pension paid was not linked to investment performance of fund and Under Defined Contribution scheme, pension paid was linked to investment performance of the fund.
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