Employees rsquo Deposit Linked Insurance Scheme was introduced in the year ........

Social Security Social Security- The concept

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Employees’ Deposit Linked Insurance Scheme was introduced in the year?

1976

1961

1923

1948

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Explanation:

Uncertainties of life in the modern world have made getting adequate insurance cover imperative for every individual. This is especially important for private sector employees who do not enjoy the same social security benefits as public sector employees.To extend the benefits of life insurance to private sector employees, government has introduced the Employees Deposit Linked Insurance Scheme (EDLI) in 1976.