Employee provident Fund 1952

Which of the following statements about The Employees’ Provident Funds and (Miscellaneous Provisions) Act are true?

a. The Act is not applicable to cooperative societies employing less than 50 persons working with the aid of power.

b. It makes provision for pension scheme, including family pension.

c. There is no wage limit to be covered under the Act.

d. The Act has a provision relating to Employees’ Deposit-linked Insurance Scheme

• a, b & d

• a & c

• b, c & d

• a, c & d

2. What is the present wage limit to be eligible to be covered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952?

• (A) Rs. 6,000

• (B) Rs. 6,500

• (C) Rs. 15,000

• (D) Rs. 12,500

The Act is applicable to every establishment which is a factory engaged in any industry specified in Schedule I and in which -------- twenty persons are employed

• (a) 20

• (b) 10 or more

• (c) 20 or more

• (d) 15 or more

The contribution which shall be paid by the employer to the Fund shall be

• (a) 5%

• (b) 7%

• (c) 12%

• (d) 10 %

When did The Employees Provident Fund & Miscellaneous Provisions Act , come into force?

• A) 01 April 1956

• B) 01 March 1957

• C) 01 May 1950

• D) 4 March 1952

A person employed through a contractor will not be considered as an employee of the establishment.

• True

• False

A person engaged as an apprentice under the Apprentices Act, 1961 will not be considered as an employee

• True

• False

The employer’s share of contribution under the ESI Act is

• A. 8.33 %

• B. 1.75 %

• C. 12 %

• D. 4.75%

. As per the latest amendment under the ESI Act, 1948 medical treatment is now available to persons under voluntary retirement scheme also.

• A. True

• B. False

• C. Partly True

• D. The Act is silent

Employee contributes 12% of monthly _________ towards EPF.

• Gross salary

• Basic Salary