New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    Which of the following establishments is/are exempted

    from the application of EPF and Misc Act 1952?  I.         Establishments registered under the Co-operative Societies Act, 1912, employing less than fifty persons and working without power. II.         Establishments belonging to the Central Government or State Government, with employees entitled to contributory provident fund or old age pension benefits.
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C Both Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: This provision states that the Act does not apply to certain types of establishments. Here's a simplified explanation: ·       The Act does not apply to co-operative societies that are registered under the Co-operative Societies Act, 1912 , or any other law related to co-operative societies in any state. This exemption applies to co-operative societies that have fewer than fifty employees and operate without using power. ·       The Act also does not apply to establishments that belong to or are controlled by the Central Government or a State Government . If the employees of these establishments are already entitled to benefits like contributory provident fund or old age pension under a scheme or rule established by the Central or State Government, they are exempt from this Act.

    Practice Next

    Relevant for Exams: