Consider the following statements regarding Employees' Deposit-Linked Insurance Scheme under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952: (i) The Employees' Deposit-Linked Insurance Scheme, 1976
CS Executive · Industrial, Labour & General Laws · PYQS · December 2016
Consider the following statements regarding Employees' Deposit-Linked Insurance Scheme under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952: (i) The Employees' Deposit-Linked Insurance Scheme, 1976 is applicable to all factories/establishments (ii) The employees are not required to contribute to the insurance fund (iii) The nomination made by a member under the employees' provident fund scheme is treated as nomination under this scheme (iv) No factory or establishment can be granted exemption from this scheme. Select the correct statements from the options given below
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Employees' Provident Funds and Miscellaneous Provisions Act, 1952
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