Current Affairs MCQ for UPSC Exams - 30 May 2018

1. Consider the following statement about EPFO

1. It is mandatory for firms employing more than 20 worker.
2. It is mandatory for workers whose salary is greater than Rs.15000.
3. For all worker having monthly salary less than Rs.15000, EPFO contribution is voluntary.

Which of the above statement(s) is/are correct?

a. 1 & 3 only
b. 1 only
c. 1 & 2 only
d. All of the above

2. Consider the following statement about Pradhan MantriMatruVandanaYojana (PMMVY)

1. Indira Gandhi MatritvaSahyogYojana (IGMSY) is renamed as PMMVY.
2. It is for providing full compensation for the wage loss in terms of cash incentive so that the woman can take adequate rest before and after delivery of the first child.

Which of the above statement(s) is/are correct?

a. 1 only
b. 2 only
c. Both
d. None

3.Consider the following statements about revenue neutral rate

1. RNR refers to that single rate, which preserves revenue at desired (current) level
2. Prerogative of deciding exact number will be on central government.

Which of the above statement(s) is/are correct?

a. 1 only
b. 2 only
c. Both
d. None