ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Social security may be provided by court order (e.g., to compensate accident victims), by employers (sometimes using insurance companies), by central or local government departments, or by semipublic or autonomous agencies.

Detailed explanation-2: -Economic security is composed of basic social security, defined by access to basic needs infrastructure pertaining to health, education, dwelling, information, and social protection, as well as work-related security.

Detailed explanation-3: -The schemes were launched on 9th May, 2015, for providing life & accident risk insurance and social security at a very affordable cost namely (a) Pradhan Mantri Suraksha Bima Yojana and (b) Pradhan Mantri Jeevan Jyoti Yojana and (c) Atal Pension Yojana. Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Detailed explanation-4: -National Pension System. Employees’ Provident Fund Organisation. Employees’ State Insurance. National Health Protection Scheme. Atal Pension Yojna. Maternity Benefits. Accident Assurance Scheme. National Food Security Safety Net. More items