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

    Question

    As per the Employees’ Compensation Act, 1923 in the

    case of death resulting from injury, the amount of compensation payable to an employee is —
    A 90,000 Correct Answer Incorrect Answer
    B 1,00,000 Correct Answer Incorrect Answer
    C 1,20,000 Correct Answer Incorrect Answer
    D 1,40,000 Correct Answer Incorrect Answer

    Solution

    As per Section 4 of Employees’ Compensation Act, 1923 the amount of compensation where death results from injury is equal to an amount equal to fifty per cent of the monthly wages of the deceased employee multiplied by the relevant factor or an amount of one lakh and twenty thousand rupees, whichever is more

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