KS Session for PF Team - Labour Statutory Compliance

1. What is the minimum count of employees required in an establishment for the applicability of EPF Act?

• 50

• 100

• 20

• 25

1. What is the current wage limit prescribed under EPF Act for coverage of employees?

• Rs. 7000

• Rs. 10000

• Rs. 25000

• Rs. 15000

What is the full form of EPS?

• Employee Provident Scheme

• Employee Pension Scheme

• Equity Pension Scheme

• Employee Pension System

What is the total percentage of contribution by Employee to EPF?

• 12%

• 8.33%

• 3.67%

• 7%

……………..% of Rs. 15000/- is contributed towards EPS ?

• 3.67%

• 8.33%

• 12%

• 15%

Maternity Benefit is eligible for any women employee who has completed minimum …….. days before her date of delivery in an organization

• 120 days

• 80 days

• 150 days

• 365 days

Maternity Benefit is available to a maximum period of …………. weeks

• 28 weeks

• 32 weeks

• 26 weeks

• 30 weeks

Gratuity becomes payable to employee on completion of …………. years in the organization

• 5 years

• 4.5 years

• 10 years

• 3 years

What is the timeline specified under the Gratuity Act to make the payment for any exiting employee?

• 120 days

• 15 days

• 60 days

• 30 days

What is the wage ceiling limit prescribed under Payment of Bonus Act for an employee to be eligible for Bonus?

• Rs. 21000

• Rs. 15000

• Rs. 7000

• Rs. 25000