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      Question

      Under the Payment of Gratuity Act, 1972, the maximum

      gratuity payable is _______________.
      A 10 lakhs Correct Answer Incorrect Answer
      B 20 lakhs Correct Answer Incorrect Answer
      C 3.5 lakhs Correct Answer Incorrect Answer
      D Such amount as notified by central government Correct Answer Incorrect Answer

      Solution

      Under Payment of Gratuity Act, 1972- as per the provisions of the Payment of Gratuity (Amendment) Bill, 2018, the maximum limit of gratuity is  such amount as may be notified by the Central Government from time to time. Now, the Government has issued the notification specifying the maximum limit to Rs. 20 Lakh

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