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WorksheetsThe Payment of Gratuity Act 1972
Total questions: 13
Worksheet time: 7mins
Under the Payment of Gratuity Act, 1972 the maximum gratuity payable is
Rs. 10 lakhs
Rs. 8 lakhs
Rs. 5 lakhs
Rs. 3.5 lakhs
What is the qualifying service to claim gratuity?
15 years
10 years
5 years
No such prescription
Payment of Gratuity Act, 1972 is applicable to every shop or establishment within the meaning of any law for the time being in force in relation to shops and establishment in a State, in which --------- persons are or were employed on any day in the preceding 12 months.
10 or more
less than 10
20
None of the above
For every completed year of service or part thereof in excess of six months, the employer shall pay gratuity to an employee at the rate of -------- days’ wages based on the rate of wages last drawn by the employee concerned
25 days
20 Days
15 days
10 days
In the case of a monthly rated employee, the fifteen days’ wages shall be calculated by dividing the monthly rate of wages last drawn by him by ----------- and multiplying the quotient by fifteen.
30
15
26
28
In the case of an employee who is employed in a seasonal establishment and who is not so employed throughout the year, the employer shall pay the gratuity at the rate of --------days’ wages for each season.
15
20
9
7
The employer shall arrange to pay the amount of gratuity within --------- days from the date it becomes payable.
15 days
20 days
30 days
75 days
The formula for calculating gratuity is
Gratuity = (Monthly Salary/25) X 15 X No. of years of service
Gratuity = (Monthly Salary/30) X 15 X No. of years of service
Gratuity = (Monthly Salary/26) X 15 X No. of years of service
Gratuity = (Monthly Salary/15) X 15 X No. of years of service
Which section deals with the determination of the amount of gratuity
Sec 4
sec 6
sec 7
Sec 8
For avoiding any payment knowingly makes any false statement or representation shall be punishable with
imprisonment upto 3 months or fine upto Rs. 10,000/- or both
imprisonment upto 6 months or fine upto Rs. 10,000/- or both
imprisonment upto 3 months or fine upto Rs. 20,000/- or both
imprisonment upto 6 months or fine upto Rs. 20,000/- or both
Failure to comply with any provision of the Act or Rules shall be punishable with
imprisonment upto 1 year or with fine extend upto Rs. 10,000/- or with both
imprisonment upto 1 year or with fine extend upto Rs. 20,000/- or with both
imprisonment upto 2 year or with fine extend upto Rs. 20,000/- or with both
imprisonment upto 2 year or with fine extend upto Rs. 50,000/- or with both
The eligibility condition for obtaining gratuity under the Payment of Gratuity Act, 1972 is
Completion of 2 years of Service
Completion of 3 years of Service
Completion of 4 years of Service
Completion of 5 years of Service
In the case of a monthly rated employee, the fifteen days’ wages shall be calculated by dividing the monthly rate of wages last drawn by him by ----------- and multiplying the quotient by fifteen.
30
15
26
25
