New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Employees’ Provident Fund Organisation has released

    its latest payroll data regarding the status of the number of subscriber been increased or decreased.Which of the following statements is/are true with respect to the above mentioned information? I.The number of new monthly subscribers under the Employees’ Provident Fund (EPF) declined by 13.3 per cent to 925,984 in August from 1.06 million in July. II.   Of the 925,984, the share of women declined to 26.3 per cent (243,510) in August from 26.7 per cent (285,424) in July. III.  However, the share of young subscribers belonging to the 18-28 age group stood at 80.1  per cent (632,331) in August, slightly up from the 67.97 per cent (726,415) in July.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only I & II Correct Answer Incorrect Answer
    D Only II & III Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the latest payroll data released by the Employees’ Provident Fund Organisation (EPFO), the number of new monthly subscribers under the Employees’ Provident Fund (EPF) declined by 13.3 per cent to 925,984 in August from 1.06 million in July.   Of the 925,984, the share of women declined to 26.3 per cent (243,510) in August from 26.7 per cent (285,424) in July. However, the share of young subscribers belonging to the 18-28 age group stood at 68.3 per cent (632,331) in August, slightly up from the 67.97 per cent (726,415) in July.

    Practice Next