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Statement 1 is incorrect. Pension funds are not managed by the government alone. They are set up by employers and/or employees or by a combination of both, and managed by professionals who are responsible for investing the contributions made by employees in a range of assets. The government may regulate pension funds to ensure they are operating in accordance with certain rules and guidelines, but they are not exclusively available to government employees. Statement 2 is correct. Pension funds invest in a variety of assets, such as stocks, bonds, and real estate, in order to grow the funds and provide a return for retirees. The types of assets in which pension funds invest may vary depending on the investment strategy, risk tolerance, and investment goals of the fund.
Determine the value of 'a' such that the number 102a32 is divisible by 48.
The average of five consecutive even numbers is 22. What is the smallest of these numbers?
is divisible by which one of t...
The first number is four times 60% of the second number. If the second number is increased by 5, the first number becomes twice the new value of the sec...
Consider the following statement
1.There is a finite number of rational numbers between any two rational numbers.
2. There is an infin...
The sum of two numbers is 18 while the sum of their squares is 164. Find the sum of the cubes of those two numbers.
Find the average of first 24 whole numbers.
Divide 54 into 4 parts such that if the first is increased by 2, the second is decreased by 2, the third is multiplied by 2 and the fourth divided by ...
A and B have 6 and 7 pieces of bread respectively. They share their food with C, who pays them Rs 42 for the received breads. If each of them has equal ...