Which of the following statement is correct about social security 1 Social security may be...........

Social Security Social Security- The concept

Which of the following statement is correct about social security ?

1.Social security may be defined as any programme of social protection established by legislation, or any other mandatory arrangement, that provides individuals with a degree of income security when faced with the contingencies of old age, survivorship, incapacity, disability, unemployment or rearing children.

2.Social security is essential for the well-being of people and society.

3.It is a basic constitutional fundamental right.

Only 1

1 and 2

1 and 3

2 and 3

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Explanation:

Social security may be defined as any programme of social protection established by legislation, or any other mandatory arrangement, that provides individuals with a degree of income security when faced with the contingencies of old age, survivorship, incapacity, disability, unemployment or rearing children. It may also offer access to curative or preventive medical care.
Social security is essential for the well-being of people and society. It is a basic human right (though not one of the constitutional fundamental rights), and its fulfilment will contribute to achieving various developmental goals of the nation. Social security measures will have far reaching benefits in the form of reducing infant and maternity mortality rates, improving productivity and promoting sense of pride and self-respect amongst the citizens.