New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    According to the Central Vigilance Commission Act if a

    Central Vigilance Commissioner or a Vigilance Commissioner is receiving retirement benefits from a corporation established by or under any Central Act or a Government company owned or controlled by the Central Government at the time of their appointment, how does it affect their salary?
    A Their salary remains unaffected by retirement benefits Correct Answer Incorrect Answer
    B Their salary is increased by the amount of retirement benefits Correct Answer Incorrect Answer
    C The reduction in salary is compensated by additional allowances Correct Answer Incorrect Answer
    D Their salary is reduced by the amount of pension equivalent to the retirement benefits Correct Answer Incorrect Answer

    Solution

    Section 5. Terms and other conditions of service of Central Vigilance Commissioner:  (7) Provided further that if the Central Vigilance Commissioner or any Vigilance Commissioner is, at the time of his appointment, in receipt of retirement benefits in respect of any previous service rendered in a corporation established by or under any Central Act or a Government company owned or controlled by the Central Government, his salary in respect of the service as the Central Vigilance Commissioner or, as the case may be, the Vigilance Commissioner shall be reduced by the amount of pension equivalent to the retirement benefits.

    Practice Next