ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Sense
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Social System
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Social Security
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Social Society
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Detailed explanation-1: -Thus social security may provide cash benefits to persons faced with sickness and disability, unemployment, crop failure, loss of the marital partner, maternity, responsibility for the care of young children, or retirement from work.
Detailed explanation-2: -(dih-suh-BIH-lih-tee in-SHOOR-ents) An insurance plan that pays some of a person’s income when he or she is disabled from an illness or injury and cannot work.
Detailed explanation-3: -Social Security is a program run by the federal government. The program works by using taxes paid into a trust fund to provide benefits to people who are eligible. You’ll need a Social Security number when you apply for a job. Find how to apply for a Social Security number or to replace your Social Security card.
Detailed explanation-4: -The Swavlamban Health Insurance Scheme was the first government-subsidized health insurance for PwD in India.
Detailed explanation-5: -There are two basic types of disability insurance: Short-term and long-term. Both provide a benefit that replaces a portion of your income, ranging from 50% to 80%. That money can be used for living expenses, repaying loans, or even put into savings.