Question
Which of the following organizations manages the
pension fund for government employees in India?Solution
The pension fund for government employees in India is managed by the Central Board of Trustees (CBT). The CBT is responsible for managing the Employees' Pension Scheme (EPS), which is a defined benefit pension scheme for employees of the government of India. The EPS is administered by the Employees' Provident Fund Organisation (EPFO), which is responsible for the administration of the Employees' Provident Fund (EPF) and other social security schemes for employees in India. Hence, option D is correct.
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Variable cos...
