The social insurance programmes and the social insurance programmes?

Which of the following are the typical differences between the private insurance programs and the social insurance programmes and the social insurance programmes?
1.Adequacy versus Equity
2. Voluntary versus Mandatory participation
3. Contractual versus Statutory Rights
4. Funding
Select the correct answer using the codes given below:
(a) 1, 2 and 3 only
(b) 1, 2 and 4 only
(c) 3 and 4 only
(d) 1, 2, 3 and 4

Anurag Mishra Professor Asked on 12th January 2016 in General Knowledge.
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    Answer: (d) 1, 2, 3 and 4 

    Anurag Mishra Professor Answered on 12th January 2016.
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