Question
What is the maximum amount of gratuity payable to the
employees under the Payment of Gratuity Act, 1972 ?Solution
Under the Payment of Gratuity Act, 1972, the maximum amount of gratuity payable to an employee is currently Rs. 20 lakhs. This limit was increased from Rs. 10 lakhs to Rs. 20 lakhs with effect from 29 March 2018, through an amendment to the Act.
Which FYP was based on the Ashok Rudra Menon Model?
Incentives play a crucial role in motivating employees and boosting morale. However, not all incentives are created equal. Which of the following types ...
An impact of increased infrastructure investment on the economy?
1.It can lead to a decrease in economic growth.
2.It can provide a critic...
With respect to the futures transactions, the purpose of margin is to”
Which of the following was/were the necessary steps taken by the government to minimize the impact of inflation and supply shortage on the vulnerable se...
Regarding the Jan Shikshan Sansthan Scheme (JSS) consider the following statements:
1) The nodal ministry for JSS is the Ministry of Edu...
A prerequisite for establishment of an effective risk management system is the existence of a robust _____
What is the target of lending for domestic banks, as a % of their ANBC,under Priority sector lending for micro-enterprises?
Overall responsibility for management of liquidity risk lies with the
Under the Statutory Liquidity Ratio (SLR) all Scheduled Commercial Banks in India must maintain an amount in the form of?
I. ...
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