Retirement, Retirement Benefits, Pention, Provident fund and Gratuity, New Pension scheme Set 1
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This set of Public Personnel Administration Multiple Choice Questions & Answers (MCQs) focuses on Retirement, Retirement Benefits, Pention, Provident fund and Gratuity, New Pension scheme Set 1
Q1 | A public servant may be forced to retire due to
- his slothful nature
- unprofessional behavior towards his superior
- physical disability or ill health
Q2 | If a public servant retired due to physical disability he will be paid
- proportionate pension
- invalid pension
- involuntary pension
Q3 | The climatic, temperamental and other features of the country are taken intoconsideration while fixing up the
- voluntary pension
- superannuation age
- forced pension
Q4 | Pension are paid wholly by the government but they cannot be
- transferred to any family member
- provide anymore once the pensioner passed away
- claimed as a right
Q5 | There are three forms of retirement systems- non contributory,
- partly contributory and wholly contributory
- partly contributory and quarterly contributory
- half contributory and annual contributory
Q6 | Under non-contributory system,
- the government do not contribute to the retirement allowances
- the government pay the entire cost of making the retirement allowances
- both the government and the pensioner contribute to the retirement allowances
Q7 | The contribution of the employees is secured through
- compulsory deductions from their salaries
- one time deduction in large amount from their salaries
- two to three times deductions in small amounts from their salaries
Q8 | The retirement of older employees from highest positions is essential to
- provide opportunities to those all other employees
- provide opportunities for promotion to younger group of employees
- to employ a new worker from outside the organization
Q9 | One of the reasons of so much craving for public services is
- the system of pensions after retirement
- more allowances than private enterprises
- more leave days than private enterprises
Q10 | Pension given to an officer who retires at the prescribed age is
- Prescribed pension
- superannuation pension
- old age pension
Q11 | Compensatory pension is granted to an officer
- who had an accident that left him unable to continue his duty as a government servant
- who is not efficient in his work as a government servant that disrupts the prestige of the organization
- whose permanent post is abolished and the government cannot provide an alternate post
Q12 | A public servant can take Voluntary Retirement if he has completed
- 35 years of service
- 25 years of service
- 10 years of service
Q13 | When an employee is retired at reaching a fixed age of 60 as it is in India it is
- Necessary Retirement
- Valid Pension
- Compulsory Retirement
Q14 | Compassionate Allowance is when an employee was dismissed or removed from service,
- he is entitled full pension, that will be released to him after the government has done necessary procedure
- he is not entitled to any pension benefits, but maybe sanctioned a compassionate allowance
- he is entitled to half pension benefits which can be withdrawn by him anytime he wants
Q15 | Invalid Pension is granted if an employee retired on being
- declared unfit for further service by the competent medical authority
- avoiding official duties too many times
- unable to adjust himself to the needs of his position as a public servant
Q16 | Provident Fund is a mechanism to protect the public servant after retirement, with the purpose of
- making them feel secure while they are in service
- providing a compulsory saving out of the current income of the employee
- making them receive good amount of money when they retired
Q17 | A certain amount of the basic salary is compulsorily deducted from the employee’s salary and is utilize for
- helping the less fortunate people in the country
- helping other employees who are suffering from serious illness
- development projects in the country
Q18 | Provident Fund is received at retirement in a
- lump sum
- half yearly
- monthly
Q19 | There are two major types of Provident Fund, General Provident Fund and
- Public Servant Provident Fund
- Civil Service Provident Fund
- Employee’s Provident Fund
Q20 | Gratuity is a lump sum payment made based on the total service of an employee
- either on retirement or death
- while he is still in service as a bonus
- when he is working on a big project
Q21 | Gratuity is paid only to employee who complete
- 10 years of service
- 15 years of service
- 5 years of service
Q22 | Death Gratuity is a one-time lump sum benefit payable to the
- the nominee or family member of a government servant dying in harness
- team mate of the deceased employee
- any relatives who come up to claim for it
Q23 | New Pension Scheme (New Pension Scheme), is launched on
- 1st January 2014
- 1st January, 2004
- 1stApril, 2004
Q24 | Under NPS the individual contribute to his retirement account there is
- no defined benefit that would be available at the time of exit from the system
- fixed amount that would be available anytime the employee wants to exit
- provision for the employer to spend from the NPS fund of his employee
Q25 | NPS is regulated by
- Retirement Fund Regulatory and Development Authority
- Civil Servants Fund Regulatory and Development Authority
- Pension Fund Regulatory and Development Authority