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Management · Q63

Labour and Social Welfare

Graduate and Post Graduate · Management · question 63

Q63

A worker retires from a factory after putting in twenty years of continuous service. His last monthly wages drawn was Rs. 45,500. What is the amount of gratuity the worker is entitled to under the payment of Gratuity Act, 1972.

A.
Rs. 5,75,000
B.
Rs. 5,25,000
Answer
C.
Rs. 7,50,000
D.
Rs. 4,55,000

Answer: Option B

Solution

Answer: Option B
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