New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Which one of the following statements under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, is not correct?

    A It makes provision for pension scheme including family pension. Correct Answer Incorrect Answer
    B It makes provision for Employees' Deposit Linked Insurance Scheme. Correct Answer Incorrect Answer
    C The provisions of the Act shall not be applicable to Cooperative Societies employing fifty or more persons working without the aid of power. Correct Answer Incorrect Answer
    D The contribution by the employer to the Fund shall be on the basis of the basic wage, dearness allowance and retaining allowance (if any) of the employee. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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