New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which of the following statement is/are incorrect about

    “ Aatmanirbhar Bharat Rojgar Yojana (ABRY)”? I.         The Aatmanirbhar Bharat Rojgar Yojana (ABRY) has been launched with effect from 1st October 2020. II.         The aim is to incentivize employers for the creation of new employment and restoration of loss of employment during the Covid-19 pandemic. III.         The employees who lost their job during the Covid-19 pandemic and did not join in any EPF-covered establishment up to 30.09.2020 are not eligible for the benefit.
    A I and II only Correct Answer Incorrect Answer
    B III only Correct Answer Incorrect Answer
    C II and III only Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Explanation: An employee drawing a monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organization (EPFO) before 1st October 2020 is eligible for the benefit. The employees who lost their job during the Covid-19 pandemic and did not join any EPF-covered establishment up to 30.09.2020 are also eligible for the benefit.

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