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Which statement best explains Gratuity?

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Question ID #26026 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Labour Laws Sectional Test 2026 Medium

Which statement best explains Gratuity?

Correct Answer: B. Lump-sum terminal benefit generally linked to length of service under applicable law
Gratuity: Lump-sum terminal benefit generally linked to length of service under applicable law

Question: Which statement best explains Gratuity?

A. Workers engaged through a contractor for work in an establishment

B. Lump-sum terminal benefit generally linked to length of service under applicable law

C. Consolidates laws relating broadly to social security benefits for workers

D. Consolidates central laws relating broadly to wages, minimum wages, bonus and equal remuneration

Correct Answer: B. Lump-sum terminal benefit generally linked to length of service under applicable lawGratuity: Lump-sum terminal benefit generally linked to length of service under applicable law

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Which statement best explains Gratuity? - MCQ Explanation

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Correct answer: B. Lump-sum terminal benefit generally linked to length of service under applicable law