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Chapter:

40+ Retirement, Retirement Benefits, Pention, Provident fund and Gratuity, New Pension scheme Solved MCQs

in Public Personnel Administration

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Public Administration .

Chapters

Chapter: Retirement, Retirement Benefits, Pention, Provident fund and Gratuity, New Pension scheme
1.

Retirement means

A. seniority in service
B. continuing of service
C. termination of service
Answer» C. termination of service
2.

Retirement takes place at the time of

A. training
B. after serving for a prescribed duration
C. probation
Answer» B. after serving for a prescribed duration
3.

Retirement is needed

A. to make the employer spend more funds for servicemen
B. to make public service difficult to enter
C. to make room for the promotion of younger men in the service
Answer» C. to make room for the promotion of younger men in the service
4.

A system of retirement is a great source of

A. attraction for people who take to public services
B. income for the employer
C. debate amongst the employee
Answer» A. attraction for people who take to public services
5.

The creation of public service a permanent career, it is desirable that the government

A. should provide more benefits to the civil servants
B. should ensure its employees an easy and carefree life in their old age
C. should give more leave in a financial year
Answer» B. should ensure its employees an easy and carefree life in their old age
6.

The retirement age is

A. the same all over the world
B. prescribed only in India.. it is different acc to the climate.. retirement page385
C. different from country to country
Answer» C. different from country to country
7.

Regarding the age of an employee where he should retire is

A. compulsory at a fixed age
B. to be made by his immediate superior at work
C. not compulsory as long as the employee is fit for work
Answer» A. compulsory at a fixed age
8.

The retirement age of the judges of High Court, Supreme Court and members of the Public Service Commission in India is fixed by

A. the Supreme Court
B. the Parliament
C. the Constitution
Answer» C. the Constitution
9.

Retirement benefits are those benefits provided by an organization to

A. maintain a particular standard of living after their retirement from service
B. maintain their connection with the employer
C. maintain their connection with their co-workers officially
Answer» A. maintain a particular standard of living after their retirement from service
10.

Retirement benefits ensure

A. timely completion of task by the employees
B. security of the employee after his service
C. cordial relationship among the workers
Answer» B. security of the employee after his service
11.

The retirement system should

A. seek to adjust its features to the needs of the changing time
B. seek to adjust according to the demands of the employees
C. seek to adjust to make employee satisfied even at the cost of the employer.
Answer» A. seek to adjust its features to the needs of the changing time
12.

Pension is paid in

A. fixed annually amount
B. fixed quarterly amount
C. fixed monthly amount
Answer» C. fixed monthly amount
13.

Retirement benefits make

A. public service more attractive than private entities
B. public servants sluggish in their job
C. unnecessary burden for the employer
Answer» A. public service more attractive than private entities
14.

Retirement benefits is one way of

A. making the private enterprise employees jealous to public servants
B. justice brought by the state to their employees after their long years of service
C. making the civil servants lazy in their duties
Answer» B. justice brought by the state to their employees after their long years of service
15.

Every retirement system makes a provision for

A. pensions to the members retired
B. a chance to avoid responsibilities by government servants
C. extra years of service by the willing employee
Answer» A. pensions to the members retired
16.

A public servant may be forced to retire due to

A. his slothful nature
B. unprofessional behavior towards his superior
C. physical disability or ill health
Answer» C. physical disability or ill health
17.

If a public servant retired due to physical disability he will be paid

A. proportionate pension
B. invalid pension
C. involuntary pension
Answer» A. proportionate pension
18.

The climatic, temperamental and other features of the country are taken into consideration while fixing up the

A. voluntary pension
B. superannuation age
C. forced pension
Answer» B. superannuation age
19.

Pension are paid wholly by the government but they cannot be

A. transferred to any family member
B. provide anymore once the pensioner passed away
C. claimed as a right
Answer» C. claimed as a right
20.

There are three forms of retirement systems- non contributory,

A. partly contributory and wholly contributory
B. partly contributory and quarterly contributory
C. half contributory and annual contributory
Answer» A. partly contributory and wholly contributory
21.

Under non-contributory system,

A. the government do not contribute to the retirement allowances
B. the government pay the entire cost of making the retirement allowances
C. both the government and the pensioner contribute to the retirement allowances
Answer» B. the government pay the entire cost of making the retirement allowances
22.

The contribution of the employees is secured through

A. compulsory deductions from their salaries
B. one time deduction in large amount from their salaries
C. two to three times deductions in small amounts from their salaries
Answer» A. compulsory deductions from their salaries
23.

The retirement of older employees from highest positions is essential to

A. provide opportunities to those all other employees
B. provide opportunities for promotion to younger group of employees
C. to employ a new worker from outside the organization
Answer» B. provide opportunities for promotion to younger group of employees
24.

One of the reasons of so much craving for public services is

A. the system of pensions after retirement
B. more allowances than private enterprises
C. more leave days than private enterprises
Answer» A. the system of pensions after retirement
25.

Pension given to an officer who retires at the prescribed age is

A. Prescribed pension
B. superannuation pension
C. old age pension
Answer» B. superannuation pension
26.

Compensatory pension is granted to an officer

A. who had an accident that left him unable to continue his duty as a government servant
B. who is not efficient in his work as a government servant that disrupts the prestige of the organization
C. whose permanent post is abolished and the government cannot provide an alternate post
Answer» C. whose permanent post is abolished and the government cannot provide an alternate post
27.

A public servant can take Voluntary Retirement if he has completed

A. 35 years of service
B. 25 years of service
C. 10 years of service
Answer» B. 25 years of service
28.

When an employee is retired at reaching a fixed age of 60 as it is in India it is

A. Necessary Retirement
B. Valid Pension
C. Compulsory Retirement
Answer» C. Compulsory Retirement
29.

Compassionate Allowance is when an employee was dismissed or removed from service,

A. he is entitled full pension, that will be released to him after the government has done necessary procedure
B. he is not entitled to any pension benefits, but maybe sanctioned a compassionate allowance
C. he is entitled to half pension benefits which can be withdrawn by him anytime he wants
Answer» B. he is not entitled to any pension benefits, but maybe sanctioned a compassionate allowance
30.

Invalid Pension is granted if an employee retired on being

A. declared unfit for further service by the competent medical authority
B. avoiding official duties too many times
C. unable to adjust himself to the needs of his position as a public servant
Answer» A. declared unfit for further service by the competent medical authority
31.

Provident Fund is a mechanism to protect the public servant after retirement, with the purpose of

A. making them feel secure while they are in service
B. providing a compulsory saving out of the current income of the employee
C. making them receive good amount of money when they retired
Answer» B. providing a compulsory saving out of the current income of the employee
32.

A certain amount of the basic salary is compulsorily deducted from the employee’s salary and is utilize for

A. helping the less fortunate people in the country
B. helping other employees who are suffering from serious illness
C. development projects in the country
Answer» C. development projects in the country
33.

Provident Fund is received at retirement in a

A. lump sum
B. half yearly
C. monthly
Answer» A. lump sum
34.

There are two major types of Provident Fund, General Provident Fund and

A. Public Servant Provident Fund
B. Civil Service Provident Fund
C. Employee’s Provident Fund
Answer» C. Employee’s Provident Fund
35.

Gratuity is a lump sum payment made based on the total service of an employee

A. either on retirement or death
B. while he is still in service as a bonus
C. when he is working on a big project
Answer» A. either on retirement or death
36.

Gratuity is paid only to employee who complete

A. 10 years of service
B. 15 years of service
C. 5 years of service
Answer» C. 5 years of service
37.

Death Gratuity is a one-time lump sum benefit payable to the

A. the nominee or family member of a government servant dying in harness
B. team mate of the deceased employee
C. any relatives who come up to claim for it
Answer» A. the nominee or family member of a government servant dying in harness
38.

New Pension Scheme (New Pension Scheme), is launched on

A. 1st January 2014
B. 1st January, 2004
C. 1stApril, 2004
Answer» B. 1st January, 2004
39.

Under NPS the individual contribute to his retirement account there is

A. no defined benefit that would be available at the time of exit from the system
B. fixed amount that would be available anytime the employee wants to exit
C. provision for the employer to spend from the NPS fund of his employee
Answer» A. no defined benefit that would be available at the time of exit from the system
40.

NPS is regulated by

A. Retirement Fund Regulatory and Development Authority
B. Civil Servants Fund Regulatory and Development Authority
C. Pension Fund Regulatory and Development Authority
Answer» C. Pension Fund Regulatory and Development Authority

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