GCE Commerce 1989 Question 98

Question 98

Insurance

Which of the following is an insurance cover undertaken by the Government for its employees?

  1. A.Endowment
  2. B.Marine insurance
  3. C.Fidelity guarantee insurance
  4. D.Pensions scheme
  5. E.Fire insurance
Show the answer and explanation

Answer: D (Pensions scheme)

Explanation

Government provides for its workers' old age through the pension scheme.