Question

    _________is a sum of money paid by an employer to an employee for services rendered in the company

    A Pension Correct Answer Incorrect Answer
    B Gratuity Correct Answer Incorrect Answer
    C Salary Correct Answer Incorrect Answer
    D Premium Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Gratuity is the sum of money paid by an employer to an employee for his/her rendered services to the organization for the tenure of his/her services.

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