Chapter: Employees Provident Fund & Miscellaneous Provisions Act 1952
1.

What is the present wage limit to be eligible to be covered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952?

A. rs. 6,000
B. rs. 6,500
C. rs. 15,000
D. rs. 12,500
Answer» C. rs. 15,000
2.

The Act is applicable to every establishment which is a factory engaged in any industry specified in Schedule I and in which -------- twenty persons are employed

A. 20
B. 10 or more
C. 20 or more
D. 15 or more
Answer» C. 20 or more
3.

What are the emoluments earned by the employees which are not not come under the definition of 'Basic Wages' in Employees’ Provident Funds and Miscellaneous Provisions Act, 1952,
(i) All emoluments which are earned by an employee while on duty or on leave or on holidays with wages in either case in accordance with the terms of the contract of employment and which are paid or payable in cash to him
(ii)The cash value of any food concession
(iii) Any dearness allowance, house-rent allowance, overtime allowance, bonus, commission or other similar allowance payable to the employee in respect of his employment or of work done in such employment;
(iv) Any presents made by the employer;

A. i & iii
B. ii & iv
C. i, ii & iii
D. ii, iii & iv
Answer» D. ii, iii & iv
4.

The chairman and members of Central Board constituted under Employees Provident Fund are appointed by

A. central government
B. state government
C. supreme court
D. none of the above
Answer» A. central government
5.

The accounts of the Central Board is audited annually by

A. central provident fund commissioner
B. any auditor appointed by central government
C. comptroller and auditor-general of india
D. any auditor appointed by the chairman of central board
Answer» C. comptroller and auditor-general of india
6.

The contribution which shall be paid by the employer to the Fund shall be

A. 5%
B. 7%
C. 12%
D. 10 %
Answer» D. 10 %
7.

This Act shall not apply to any establishment registered under the Cooperative Societies Act, 1912 (2 of 1912), employing less than ------- persons and working without the aid of power

A. 20
B. 50
C. 100
D. 70
Answer» B. 50
8.

No court inferior to that of ......................class shall try any offence under this Act

A. high court
B. musiff court
C. presidency magistrate or a magistrate of the first class
D. sureme court
Answer» C. presidency magistrate or a magistrate of the first class
9.

Which of the following statements about Central Board are true?
(i) The Central Provident Fund Commissioner is the Ex officio member of the Central Board
(ii) The Central Board shall maintain proper accounts of its income and expenditure in such form and in such manner as the Central Government may, after consultation with the Comptroller and Auditor-General of India, specify in the Scheme
(iii) Central Board shall submit annual report of its work and activities to the Central Government

A. i & ii
B. ii & iii
C. i 7& ii
D. i , ii & iii
Answer» D. i , ii & iii
10.

Employees’ Provident Funds Appellate Tribunal was constituted under Section ....... the this act

A. 7d
B. 6a
C. 7c
D. 6d
Answer» A. 7d
11.

Under this act, “Insurance Fund” means ……………

A. medical insurance fund
B. deposit linked insurance scheme
C. unit linked insurance plan
D. employees’ group accident insurance
Answer» B. deposit linked insurance scheme
12.

The Central Government has amended the ceiling for contributions under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 (EPF Act) and the Employees' Provident Fund and Miscellaneous Provisions Scheme, 1952 (EPF Scheme) from ----------- to -----------, with effect from 1 September 2014.

A. rs. 7500/- to rs. 15000/-
B. rs. 6500/- to rs.13000/-
C. rs. 6500/- to rs.15000/-
D. rs. 5000/- to rs.12000/-
Answer» C. rs. 6500/- to rs.15000/-
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