Question

What formula correctly derives an employee's final Net Salary (take-home pay) from payroll calculations?

A {Net Salary} = {Gross Salary} - {Total Deductions}
B {Net Salary} = {Basic Salary} - {PF} - {ESI}
C {Net Salary} = {Gross Salary} + {Allowances}
D {Net Salary} = {CTC} - {Special Allowance}
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)