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Start learning 50% faster. Sign in nowExplanation: The Central Government has the authority to establish a governing body called the Central Board, through a notification. This board, known as the Board of Trustees of the Employees' Provident Fund, is responsible for overseeing and managing the funds mentioned in Chapter III of the Code and the corresponding provisions of the Code. The Central Board administers these funds according to the rules and regulations prescribed by the Central Government.
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