EPFO 2015 English Medium Solved Paper

Question : 103 of 120

Marks: +1, -0

Which of the following are the typical differences between the private Insurance programmes and the social insurance programmes?
1. Adequacy versus Equity
2. Voluntary versus Mandatory Participation
3. Contractual Versus Statutory Rights
4. Funding
Select the correct answer using the codes given below—

1,2 and 3
1, 2 and 4
3 and 4 only
1, 2. 3 and 4

Validate

Private Insurance Programmers	Social Insurance Programmers
Adequacy	Equity
Voluntary	Mandatory
Contractual Rights	Statutory Rights
Self Premium Payments	Payments by some scheme - EPF,through Government's Bonus.

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