Question

Which of the following information is incorrect with respect to the payroll data provided by the Employees' Provident Fund Organisation- I.New monthly subscribers to the employees' provident fund (EP

Q: Answer-Which of the following information is incorrect with respect to the payroll data provided by the Emp...

According to the latest payroll data from the Employees Provident Fund Organisation EPFO new monthly subscribers to the employees provident fund EPF declined by 1.2 per cent to 1.02 million in July, compared to 1.03 million in June The data revealed that of the 1,027,145 new subscribers in July, the share of young subscribers between the ages of 18 and 28 increased to 68.3 per cent 701,543 from 67.5 per cent 701,315 in June Conversely, the proportion of women gaining employment declined to 26.8 per cent 274,967 in July from 27.6 per cent 286,984 in June. Additionally, net payroll additions calculated based on new subscribers, exits, and returning old subscribers increased by 18.8 per cent to 1.87 million in July from 1.57 million in June.

F declined by 1.2 per cent to 1.02 million in July, compared to 1.03 million in June. II.The share of young subscribers between the ages of 18 and 28 decreased by 45.5 percent. III.The proportion of women gaining employment declined to 26.8 per cent (274,967) in July.

A Only I

B Only III

C Only II

D Only II & III

E None of these

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