In case of a defined benefit plan where the benefit payable is based on the...

AAFM GLO_CWM_LVL_1 Question Answer

In case of a defined benefit plan where the benefit payable is based on the terminal salary, an increase in of 10% of the wages of the employees would increase the contribution to be made by the employer for the benefit by

10% of the earlier level of contribution

More than 10% of the earlier level of contribution

Less than 10% of the earlier level of contribution

Can be any of the above

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The share of a certain stock paid a dividend of Rs.

Derive policy cost per thousand with following data:

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In case of a defined benefit plan where the benefit payable is based on the...

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