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Mechanical Engineering · Q19

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 19

Q19

The employee's provident fund act is applicable to

A.
All industries
B.
All industries other than small and medium industries
C.
Volunteers
D.
The industries notified by Government
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In employee's provident fund (EPF) was set up to which the employer and employee had to contribute a certain sum.
The EPF Act is applicable to establishments who employ a minimum of 20 employees and notified by the Central Government.