Question

Under the Explanation to Section 2(y), remuneration in kind is deemed to form part of wages to the extent it does not exceed what percentage of total wages?

A Ten per cent
B Twenty per cent
C Twenty-five per cent
D Fifteen per cent
E Fifty per cent
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)