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Which statement best explains EPF & MP Act, 1952?
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Question ID #26543
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Which statement best explains EPF & MP Act, 1952?
A
Contribution made by the covered employer toward statutory social-security benefits
B
Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
C
Income or protection provided on qualifying disability under a social-security scheme
D
Government-backed pension scheme aimed particularly at workers in the unorganized sector
Correct Answer: B. Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
Question: Which statement best explains EPF & MP Act, 1952?
A. Contribution made by the covered employer toward statutory social-security benefits
B. Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
C. Income or protection provided on qualifying disability under a social-security scheme
D. Government-backed pension scheme aimed particularly at workers in the unorganized sector
Correct Answer: B. Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
EPF & MP Act, 1952: Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
Which statement best explains EPF & MP Act, 1952? - MCQ Explanation
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Correct answer: B. Principal legislation historically governing provident fund, pension and deposit-linked insurance schemes for covered establishments
