Multiple choice

Which of the following Group Schemes of the LIC provides pension to employees on their retirement from service?

  1. Group Term Insurance Schemes

  2. Group Insurance Scheme in Lieu of EDLI

  3. Group Gratuity Scheme

  4. Group Superannuation Scheme

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Group Superannuation Scheme is designed by LIC to provide pension benefits to employees upon their retirement from service.