📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which of the following statements is incorrect regarding

    “Employee provident fund organization”?
    A It is a statutory body. Correct Answer Incorrect Answer
    B There was a provision related to the employee pension scheme in Employee provident fund and miscellaneous act 1952. Correct Answer Incorrect Answer
    C Employer and employee share 12-12% in the “employee provident fund”. Correct Answer Incorrect Answer
    D The entire contribution of the employee goes to EPF while the 12% contribution made by the employer is divided as 3.67% in EPF and 8.33% in EPS. Correct Answer Incorrect Answer

    Solution

    There were no provisions related to the employee pension scheme in Employee provident fund and miscellaneous act 1952.

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call