ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This insurance provides cash payments for a limited time to individuals who are out of work for a reason other than illness.
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disability income insurance
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survivors insurance
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unemployment insurance
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retirement insurance
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Explanation:
Detailed explanation-1: -There are three main types of unemployment – cyclical, structural and frictional unemployment.
Detailed explanation-2: -In India, Unemployment allowance is given to workers who have contributed to the Employees’ State Insurance for at least three years. The benefit is given for a maximum of one year and is either 50% of the average daily wage or Rs 35, 000 a month, whichever is lower.
There is 1 question to complete.