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Which statement best explains Provident fund contribution?

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Question ID #26342 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Social Security in India & EPFO Sectional Test 2026 Medium

Which statement best explains Provident fund contribution?

Correct Answer: D. Periodic contribution credited to an employee's provident-fund account under applicable rules
Provident fund contribution: Periodic contribution credited to an employee's provident-fund account under applicable rules

Question: Which statement best explains Provident fund contribution?

A. Government-backed pension scheme aimed particularly at workers in the unorganized sector

B. Scheme providing provident-fund accumulation for eligible members

C. Pension Fund Regulatory and Development Authority

D. Periodic contribution credited to an employee's provident-fund account under applicable rules

Correct Answer: D. Periodic contribution credited to an employee's provident-fund account under applicable rulesProvident fund contribution: Periodic contribution credited to an employee's provident-fund account under applicable rules

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Which statement best explains Provident fund contribution? - MCQ Explanation

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Correct answer: D. Periodic contribution credited to an employee's provident-fund account under applicable rules