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The facility to withdraw 1/3rd of the accumulated amount at the time of retirement is called

1450. The facility to withdraw 1/3rd of the accumulated amount at the time of retirement is called

By Administrator / August 24, 2025

Switching

Commutation

Taxing

Encashment

✅ The correct answer is B.
The facility to withdraw 1/3rd of the accumulated amount at the time of retirement is called Commutation.

1449. A factor of production, whose supply is fixed in the short tun, may get additional earnings. These earnings are generally referred to as

125. Petty cash balance is

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