Prove Your Knowledge on Provident Fund and Pension Contributions
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which fund receives fixed contributions from the Provident Fund and Pension Company?

  • Coal Mines Provident Fund (CMPF) (correct)
  • Social Security Fund
  • Retirement Savings Fund
  • Employee Welfare Fund

What is the percentage of the eligible employee's salary contributed towards the Provident Fund?

  • 12% (correct)
  • 7%
  • 10%
  • 15%

What is the percentage of the eligible employee's salary contributed towards the Pension Fund?

  • 15%
  • 12%
  • 10%
  • 7% (correct)

What is the name of the scheme providing post-retirement medical benefits for non-executives?

<p>Contributory Post-Retirement Medicare Scheme for non-executives (CPRMSE-NE) (B)</p> Signup and view all the answers

What is the name of the defined contribution pension scheme for CIL executives?

<p>CIL Executive Defined Contribution Pension Scheme (NPS) (C)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser