Employees Provident Fund 1952 MCQ
The Employees’ Provident Fund Organisation is the government body that is responsible for running the largest mandatory state pension scheme in India. The EPFO assists the Central Board in administering a compulsory provident fund, pension and insurance plans for the Indian workforce
Employees Provident Fund 1952 MCQ
61. No court inferior to that of ………………….class shall try any offence under this Act
A. Sureme Court
B. Presidency Magistrate or a Magistrate of the first class
C. Musiff Court
D. High Court
Answer: B
62. Which of the following statements about Central Board are true?
(i) The Central Provident Fund Commissioner is the Ex officio member of the Central Board
(ii) The Central Board shall maintain proper accounts of its income and expenditure in such form and in such manner as the Central Government may, after consultation with the Comptroller and Auditor-General of India, specify in the Scheme
(iii) Central Board shall submit annual report of its work and activities to the Central Government
A. i & ii
B. i & iii
C. ii & iii
D. i, ii & iii
Answer: D
63. Employees’ Provident Funds Appellate Tribunal was constituted under Section ……. the this act
A. 6D
B. 7C
C. 6A
D. 7D
Answer: D
64. Under this act, “Insurance Fund” means ……………
A. Employees’ Group Accident Insurance
B. Unit Linked Insurance Plan
C. Deposit Linked Insurance Scheme
D. Medical Insurance Fund
Answer: C
65. The Central Government has amended the ceiling for contributions under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (EPF Act) and the Employees’ Provident Fund and Miscellaneous Provisions Scheme, 1952 (EPF Scheme) from __________ to __________, with effect from 1 September 2014.
A. Rs. 5000/- to Rs.12000/-
B. Rs. 6500/- to Rs.15000/-
C. Rs. 6500/- to Rs.13000/-
D. Rs. 7500/- to Rs. 15000/-
Answer: B
