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    Question

    Which of the following statements is/are true with respect to the latest payroll data released by the Employees’ Provident Fund Organisation?

    I. According to the  latest payroll data released by the Employees’ Provident Fund Organisation (EPFO) , 17.21 lakh net members have been added in the month of September, 2023.

    II.Gender-wise analysis of payroll data represents that out of the total 8.92 lakh new members added during the month, around 3.15 lakh are new female members, joining EPFO for the first time.

    III.  Of all the states, Karnataka is leading by adding 20.42% of net members during the month.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only II & III Correct Answer Incorrect Answer
    D Only I & 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) , 17.21 lakh net members have been added in the month of September, 2023. The data indicates that around 8.92 lakh new members have enrolled during September, 2023. Among these newly joined members, the age-group of 18-25 years constitutes 58.92% of total new members added during the month.    Gender-wise analysis of payroll data represents that out of the total 8.92 lakh new members added during the month, around 2.26 lakh are new female members, joining EPFO for the first time. State-wise analysis of payroll data denotes that net member addition is highest in the 5 states of Maharashtra, Tamil Nadu, Karnataka, Gujarat and Haryana.   These states constitute around 57.42% of net member addition, adding a total of 9.88 lakh members during the month. Of all the states, Maharashtra is leading by adding 20.42% of net members during the month.

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