Statutory Deductions MCQ Question with Answer

Question No : 15
In relation to Employees' State Insurance wage period in relation to an employee means the time taken by the employer to pay the employee his wages.

Question No : 16
Insurance Number is allotted only to those employees in respect of whom Declaration Form has been submitted.

Question No : 17
The Employees' State Insurance Corporation is established by the State Government.

Question No : 18
Only a person who works for full 12 months in a year has to pay Professional Tax.

Question No : 19
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.

Question No : 20
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.

Question No : 21
The minimum amount of administration charges to be paid by the employer in case of Provident Fund Scheme is ___________ per ____________.