Banking and Finance 2 MCQs and Notes

M

Mr. Dubey • 52.52K Points
Coach

Q 11. Employees’ Provident Funds Appellate Tribunal was constituted under Section ....... the this act.

(A) 6D
(B) 7C
(C) 6A
(D) 7D

M

Mr. Dubey • 52.52K Points
Coach

Q 12. This Act shall not apply to any establishment registered under the Co-operative Societies Act, 1912 (2 of 1912), employing less than ------- persons and working without the aid of power.

(A) 100
(B) 70
(C) 50
(D) 20

M

Mr. Dubey • 52.52K Points
Coach

Q 13. The contribution which shall be paid by the employer to the Fund shall be

(A) 5%
(B) 7%
(C) 12%
(D) 10%

M

Mr. Dubey • 52.52K Points
Coach

Q 14. Under this act, how many members are appointed by the Central Government in Central Board representing employees in the establishments to which the Scheme applies

(A) 15
(B) 10
(C) 12
(D) 20

M

Mr. Dubey • 52.52K Points
Coach

Q 15. Under the PF Act, 1952 “Insurance Fund” means ……………

(A) Unit Linked Insurance Plan
(B) Deposit Linked Insurance Fund
(C) Employees’ Group Accident Insurance
(D) Medical Insurance Fund

M

Mr. Dubey • 52.52K Points
Coach

Q 16. Section 2(g) of the PF Act defines ………………

(A) Non-Exemption
(B) Exemption
(C) Factory
(D) Exempted Job

M

Mr. Dubey • 52.52K Points
Coach

Q 17. The term “Exempted Employee” is defined under section ……. of the PF Act, 1952.

(A) 2 (gg)
(B) 2(hh)
(C) 2(ff)
(D) 2(cc)

M

Mr. Dubey • 52.52K Points
Coach

Q 18. Can an agent, of the owner of a factory, be termed as an employer?

(A) Yes
(B) No
(C) none
(D) none

M

Mr. Dubey • 52.52K Points
Coach

Q 19. The term “Employer” is defined in the section ……….. of the PF Act.

(A) 2(e)
(B) 2(g)
(C) 2(f)
(D) 2(m)

M

Mr. Dubey • 52.52K Points
Coach

Q 20. Section 2(d) of the Provident Fund Act defines ………

(A) Hazardous Process
(B) Employee
(C) Employment
(D) Controlled Industry

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