New NABARD Grade A : How to prepare ESI for Prelims & Mains- Sources & Strategy
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Question

As per the Social Security Code, 2020 who constitutes a Board of Trustees of the Employees' Provident Fund?

A Central Govt Correct Answer Incorrect Answer
B State Govt Correct Answer Incorrect Answer
C Appropriate Govt Correct Answer Incorrect Answer
D None of these Correct Answer Incorrect Answer

Solution

Explanation: The Central Government has the authority to establish a governing body called the Central Board, through a notification. This board, known as the Board of Trustees of the Employees' Provident Fund, is responsible for overseeing and managing the funds mentioned in Chapter III of the Code and the corresponding provisions of the Code. The Central Board administers these funds according to the rules and regulations prescribed by the Central Government.

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