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Statutory Deductions MCQ - Multiple Choice Question and Answer

Statutory Deductions MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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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.

True
False

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

True
False

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

True
False

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

True
False

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.

True
False

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.

True
False

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

Re.1, Month
Rs.5, Month
Re.1, Year
Rs.5, Year