5 Questions
What is the purpose of a pension plan?
To provide financial security and stability during old age
What does the National Pension System in India aim to provide?
Social security to more citizens
What is the expected increase in the world's life expectancy by 2050?
75 years
What does the text suggest about the impact of better health and sanitation conditions in India?
Increased life span
Why is retirement planning considered essential according to the text?
Rising cost of living, inflation and increased life expectancy
Test your knowledge of retirement planning and pension schemes with this informative quiz. Explore the concepts of financial security, savings accumulation, and annuity plans to ensure a stable and comfortable retirement.
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