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Current Affairs January 2024

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4

Superannuation, in case of Provident Fund and Miscellaneous Provisions Act, 1952, in relation to an employee means the attainment of _____________ .

A. 55 Years

B. 58 Years

C. 60 Years

D. 65 Years

Correct Answer :

B. 58 Years


Related Questions

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4

"Appropriate Government" , under Employees' State Insurance Act, in relation to an establishment under the control of the Central Government means

A. The Central Government

B. The State Government

C. Either of the above

D. Both (a) and (b)

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4

The employer can reduce the salary payable to an employee in order to reduce contribution payable under Employees Provident Fund and Miscellaneous Provisions Act, 1952 by filling up Form II

A. True

B. False

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4

In relation to Profession Tax a person has to pay tax for the full year even if he was not engaged in any profession, trade, calling or employment for a period of 3 months in that year.

A. True

B. False

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4

In the state of West Bengal, in case the annual Professional Tax liability for a year exceeds Rs.3,000, Form III is to be submitted within

A. 30 days from the end of the quarter

B. 21 days from the end of the quarter

C. The last day of the quarter

D. None of the above

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4

Employees' State Insurance Fund is administered by the

A. Central Government

B. State Government

C. Employees' State Insurance Corporation

D. Standing Committee

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4

A member of Provident Fund Scheme can take advance for purchase of a house to the extent of

A. 36 months' basic pay + DA

B. Member's share of EPF contribution + employer's contribution + interest

C. Cost of purchase

D. Least of the above

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4

Professional Tax Clearance Certificate is valid for a maximum period of 12 months.

A. True

B. False

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4

The minimum amount of inspection charges to be paid by the employer in case of Provident Fund Scheme is ___________ per month.

A. Re.1

B. Rs.2

C. Rs.5

D. Rs.10

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4

In relation to Provident Fund Scheme an employer who fails to pay inspection charges or administrative charges may be imprisoned for a term, which may extend to __________ years.

A. 1

B. 3

C. 5

D. 10

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4

The amount of funeral expenses is paid to

A. The spouse of the insured person

B. The legal representative

C. The eldest surviving male member of the family

D. The eldest surviving member of the family

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4

The highest authority for the purpose of Profession Tax is

A. The Central Government

B. The State Government

C. Commissioner of Professional Tax

D. Regional Commissioner of Professional Tax

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4

_____________ is used for submission of Professional Tax Return.

A. Form II

B. Form III

C. Form IV

D. None of the above

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4

In case of a company registered under any state Act on Professions, Trades, Callings and Employments, any change in the constitution of the Board of Directors is to be informed.

A. True

B. False

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4

Superannuation, in case of Provident Fund and Miscellaneous Provisions Act, 1952, in relation to an employee means the attainment of _____________ .

A. 55 Years

B. 58 Years

C. 60 Years

D. 65 Years

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4

Form 12A, in relation to Provident Fund, is to be submitted within _________ of each month.

A. 5th

B. 15th

C. 25th

D. 30th

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4

Employees' State Insurance Fund is administered by the State Government.

A. True

B. False

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4

The maximum amount of Professional Tax payable in a year is

A. Rs.2,005

B. Rs.2,050

C. Rs.2,500

D. Rs.2,550

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4

The amount of Provident Fund contribution is calculated on

A. Basic

B. Basic + Dearness Allowance

C. Basic + Dearness Allowance + Commission

D. None of the above

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4

Only a person who works for full 12 months in a year has to pay Professional Tax.

A. True

B. False

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4

In case of ESI the Register of Employees in Form 7 is to be preserved for a period of 5 years from the date of

A. Introduction of the Register

B. Last entry in the Register

C. or (b) whichever is earlier

D. or (b) whichever is later

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4

The Employees Provident Fund and Miscellaneous Provisions Act, 1952 is applicable in case of any factory / establishment employing

A. 20 employees

B. 20 or more employees

C. More than 20 employees

D. None of the above

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4

For the purpose of Employees Provident Fund and Miscellaneous Provisions Act, 1952 "employee" does not include casual employee.

A. True

B. False

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4

The minimum amount of administration charges to be paid by the employer in case of Provident Fund Scheme is ___________ per ____________.

A. Re.1, Month

B. Rs.5, Month

C. Re.1, Year

D. Rs.5, Year

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4

Superannuation, in case of Provident Fund and Miscellaneous Provisions Act, 1952, in relation to an employee means the attainment of

A. 55 years of age

B. 58 years of age

C. 60 years of age

D. 65 years of age

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4

The average balance in the account of a deceased person under Employees' Deposit Linked Insurance Scheme is Rs.20,000 during the last 12 months and Rs.27,000 during the period of his membership. The amount payable to the nominee of the deceased employee u

A. Rs.20,000

B. Rs.27,000

C. Rs.47,000

D. Rs. 7,000

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4

An employee's monthly pay is Rs.6,500. The amount of salary actually paid to him for the month of May'04 is Rs.5,700. The amount of Professional Tax payable by him is

A. Rs.40 (More than Rs.5,000 but less than Rs.6,001)

B. Rs.45 (More than Rs.6,000 but less than Rs.7,001)

C. Average of (a) and (b)

D. None of the above

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4

In case of Permanent Total Disablement the loss of earning capacity should be 80% or more.

A. True

B. False

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4

In case a person is covered by more than 1 entry of the Schedule relating to Professional Tax, the amount of Professional Tax payable by the person is the highest rate of tax payable under those entries.

A. True

B. False

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4

Identity Cards received for each employee by the employer from Employees' State Insurance office shall be handed over to the employees

A. Immediately on receipt of such cards

B. On completion of 3 months of service by the employee

C. On completion of 3 months from the date of receipt of Identity Card

D. At any time the employer wishes

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4

The period in respect of which salary/wages are paid is known as __________ period.

A. Weekly

B. Wage

C. Remuneration

D. None of the above