New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following events may lead to the forfeiture

    of gratuity as per the Payment of Gratuity Act, 1972? 
    A Resignation Correct Answer Incorrect Answer
    B Retirement Correct Answer Incorrect Answer
    C Termination due to ill health Correct Answer Incorrect Answer
    D Termination due to misconduct Correct Answer Incorrect Answer

    Solution

    The gratuity of an employee, whose services have been terminated for any act, wilful omission or negligence causing any damage or loss to, or destruction of, property belonging to the employer, shall be forfeited to the extent of the damage or loss so caused.

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