General Knowledge Questions on EPFO: Check 10+ Simple Questions on Employee’s Provident Fund

Employee Provident Fund Organization (EPFO) is an important government agency. It manages the public fund (PF), employee pension plan (EPS) and employee’s deposit insurance (EDLI) (EDLI) (EDLI) to ensure the financial security of employees Evil (EDLI). EPFO helps millions of workers saving the future. Under unpredictable circumstances, they get pension benefits after retirement and insurance.

Understanding the contribution of EPF, withdrawal, interest rate and pension benefits are essential for each employee. To help you understand more information, this is the test and detailed instructions for each answer. Whether you are a job professionals, students, or those who are going to take a competitive test, this test will be simply and attractive to test and improve your understanding of EPFO.

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1. When will EPFO ​​be established?

a) 1951b) 1952C) 1953D) 1954

Answer: B) 1952

Note: EPFO ​​was established on March 4, 1952 based on the “Employee’s Provident Fund and Miscellaneous Law” in 1952.

2. Which department is it in which department?

A) FINANCEB) Company Affairs Department) Internal Affairs Department) Labor and Employment Department

Answer: D) Labor and Employment Department

Note: EPFO ​​is supervised by Labor and Employment to supervise Indian labor benefits.

3. What is the current EPF interest rate?

A) 8.25 % b) 8.1 % C) 7.5 % D) 8.5 %

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Answer: A) 8.25 %

Note: EPF interest rates are modified each year, in 2023-24, its setting is 8.25 %.

4. Employers have caused a percentage of employees’ salaries?

A) 8 % b) 10 % C) 12 % d) 14 %

Answer: C) 12 %

Note: Employers have contributed 12 % of employees’ basic salary and dear allowances to EPF accounts.

5. Which of the following is the EPFO ​​management?

a) Employee Provident Fund (EPF) B) Employee Pension Plan (EPS) C) Employee Link Insurance (EDLI) D) Employee State Insurance (ESI) (ESI) (ESI)

Answer: D) Employee National Insurance (ESI)

Note: ESI is managed by Employee Insurance Company (ESIC), while EPFO ​​processs EPF, EPS and EDLI.

6. What is the minimum number of employees required to register under EPFO?

A) 20b) 15C) 10d) 25)

Answer: A) 20

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Note: Organizations with 20 or more employees must be registered according to EPFO. EPFO mentioned: “Registration related to EPFO ​​registration and establishment of the qualification threshold-20 or more employeesSpecify the type of mechanism. “

7. What is the contribution of employees to EPF?

A) 10 % b) 12 % C) 8 % d) 14 %

Answer: B) 12 %

Note: Employees also contribute 12 % of their basic wages and precious allowances to EPF accounts.

8. What is the complete form of UAN?

a) General Account Number) Unified Unified Account of Uniform) Universal Authentication Number

Answer: A) General account

Note: UAN is the only number assigned to each employee for linking multiple EPF accounts.

9. Can employees contribute more than 12 % to EPF?

a) Only when the salary is less than 15,000B) noc) Only under the permission of the employer), so voluntarily

Answer: d) yes, voluntary

Note: Under the voluntary provident fund (VPF), employees can contribute more than 12 %, but do not need to match the employer with excess.

10. What is the age limit for obtaining EPS benefits?

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