EPFO & Central Regulatory Recruitment (EO / AO & APFC)

Social Security Schemes & Governance question bank (Indian Polity, Economy & Social Security)

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Q1.
[EPFO & Industrial Relations - Recruitment Question #2] Under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, what is the standard statutory contribution rate payable by both employer and employee for eligible establishments?

(A)
8.33% of total cost to company (CTC)
(B)
12% of basic wages, dearness allowance and retaining allowance
(C)
10% of gross total salary
(D)
15% of basic salary strictly
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Q2.
[EPFO & Industrial Relations - Recruitment Question #4] Under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, what is the standard statutory contribution rate payable by both employer and employee for eligible establishments?

(A)
8.33% of total cost to company (CTC)
(B)
10% of gross total salary
(C)
15% of basic salary strictly
(D)
12% of basic wages, dearness allowance and retaining allowance
Show answer & solution
Verified Answer & Solution Locked
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