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Inflation-Indexed Pension Plan is not a type of pension plan in India. The other three options - Defined Benefit Plan, Defined Contribution Plan, and Hybrid Plan - are all types of pension plans that are offered by various companies and organizations in India. A Defined Benefit Plan provides a specific retirement benefit that is predetermined by a formula, while a Defined Contribution Plan provides a benefit based on the contributions made and investment performance. A Hybrid Plan combines elements of both Defined Benefit and Defined Contribution plans.
make full use of and derive benefit from a resource
Select the most appropriate meaning of the given Idiom.
WET BEHIND THE EARS
The paperwork was piled high, but she manages to beat the clock and finish it all.
His sudden resignation was a bolt from the blue for everyone in the office.
Select the correct meaning of the given idiom.
On a roll
After hearing the news, he was all ears for the rest of the conversation.
When Jake finally received his promotion, he felt on top of the world.
