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Which of the following statement is correct? A) Payment under a deferred Annuity Plan starts after a specified term. B) Payment under a deferred Annuity

Which of the following statement is correct? A) Payment under a deferred Annuity Plan starts after a specified term. B) Payment under a deferred Annuity Plan starts on retirement. C) Payment under a deferred Annuity Plan starts from the age of 55 years. D) Payment under a deferred Annuity Plan starts immediately on payment of premium

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