With effect from 1st February 2008, an employee aged 55 years old is still required to contribute to EPF. What is his rate of contribution to EPF from aged 55 to aged 75 years old.

Select one: a. 5.5% of his salary. b. 6% of his salary. c. 5% of his salary. d. 6.5% of his salary.

Which of the following is an advantage of using overdraft facility?

Select one:

a. Commitment fee

b. Flexibility

c. Unstable credit line

d. High interest rate