Question
Consider the following statements: 1. The
members of the Employees' Provident Fund and exempted Provident Funds are eligible for the Employees' Deposit-Linked Insurance Scheme. 2. Employees' Pension Scheme, 1995 was introduced for the industrial workers. 3. Coverage under the Employees' Provident Fund and Miscellaneous Provisions Act is restricted to establishments employing 20 or more persons. Which of the statements given above is/are correct?Solution
• The members of the Employees' Provident Fund and exempted Provident Funds are eligible for the Employees' Deposit-Linked Insurance Scheme. Hence, statement 1 is correct. • The Employee's Pension Scheme (EPS) was introduced in the year 1995 with the main aim of helping employees in the organised sector. All employees who are eligible for the Employees Provident Fund (EPF) scheme will also be eligible for EPS. Hence, statement 2 is incorrect. • Coverage under the Employees' Provident Fund and Miscellaneous Provisions Act is restricted to establishments employing 20 or more persons. Hence, statement 3 is correct . • Therefore, C is the right answer.
Select the correct option that will meet the image pattern of the given image.
Select the appropriate picture to come forward in the given series.
Which of the given figures when placed in the 5th position would continue the series that is established by the first four figures?
If the word 'EXAMINATION' is arranged in alphabetical order from the right end, then which of the following letter will be fourth letter to the right of...
Select the figure from among the given options that can replace the question mark (?) in the following series.
Select an appropriate figure from the four options that would complete the figure.
Relevant for Exams:
