Retirement & Pension Induction

WHY RETIREMENT ON YOUR OWN TERMS

• BREAKDOWN OF JOINT FAMILY

• NO SOCIAL SECURITY

• FINANCIAL INDEPENDENCE

• ALL OPTIONS ARE CORRECT

HOW MANY PRE RETIREMENT OPTIONS ARE AVAILABLE IN INDIA

• ELEVEN

• TEN

• EIGHT

• NINE

HOW MANY INVESTMENT OPTIONS ARE AVAILABLE FOR POST RETIREMENT

• TEN

• EIGHT

• SEVEN

• ELEVEN

THE PHASE WHEN ONE SAVE MONEY FOR HIS/HER RETIREMENT IS CALLED

• SAVING PHASE

• COMPOUNDING PHASE

• ACCUMULATION PHASE

• ALL ARE CORRET

The process by which money saved by Mr. Jeevan before his retirement undergoes gradual decline in its value is known

• COMPOUNDING

• DISCOUNTING

The date when the annuity payment starts is called VESTING

• TRUE

• FALSE

Key institution in Retirement & Pension Space

• PFRDA

• IRDAI

• IRDA

• PFRDAI

HDFC Life Insurance company was licensed in India on

• 23rd Oct 2000

• 20th Oct 2000

• 23rd Sept'2000

Retirement and Pension (R&P) is a sales channel at HDFC Life which aims to provide retirement solutions to the corporate, government, and PSU entities and individual retirees.

• True

• False

Pension Fund Managers are registered with PFRDA that manages the fund that

• Invest the funds collected to earn higher returns

• Review funds periodically for better performance

• Both are correct

• Both are wrong