100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT 1952
Which Act governs the Employees’ Provident Funds (EPF) in India?
a) Employees’ State Insurance Act, 1948
b) Payment of Gratuity Act, 1972
c) Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
d) Minimum Wages Act, 1948
Answer: c) Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 is applicable to establishments employing at least how many employees?
a) 10
b) 20
c) 30
d) 50
Answer: b) 20
What is the contribution rate for an employee towards the EPF?
a) 8% of basic wages
b) 10% of basic wages
c) 12% of basic wages
d) 15% of basic wages
Answer: c) 12% of basic wages
What is the current rate of interest provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Under the EPF Act, the term “wages” includes:
a) Basic pay and dearness allowance
b) Basic pay, dearness allowance, and retention allowance
c) Basic pay, dearness allowance, and house rent allowance
d) Basic pay, dearness allowance, house rent allowance, and other allowances
Answer: d) Basic pay, dearness allowance, house rent allowance, and other allowances
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
The Employee Pension Scheme (EPS) under the EPF Act provides:
a) Pension benefits to employees
b) Medical benefits to employees
c) Maternity benefits to female employees
d) Education benefits to employees’ children
Answer: a) Pension benefits to employees
What is the current minimum monthly pension under the Employee Pension Scheme?
a) RS.1,000
b) RS.2,000
c) RS.3,000
d) RS.5,000
Answer: b) RS.2,000
The EPF Act allows employees to withdraw their EPF accumulations before retirement in case of:
a) Marriage expenses
b) House construction/purchase
c) Child’s education
d) All of the above
Answer: d) All of the above
Which authority is responsible for the administration and enforcement of the EPF Act?
a) Reserve Bank of India (RBI)
b) Ministry of Labor and Employment
c) Securities and Exchange Board of India (SEBI)
d) Income Tax Department
Answer: b) Ministry of Labor and Employment
Can an employee contribute more than the statutory limit to the EPF voluntarily?
a) Yes, without any restriction
b) Yes, subject to approval from the employer
c) No, contributions are limited to the statutory rate
d) No, only the employer can contribute additional amounts
Answer: b) Yes, subject to approval from the employer
How often should the employer contribute to the EPF on behalf of employees?
a) Monthly
b) Quarterly
c) Biannually
d) Annually
Answer: a) Monthly
Who is eligible for the benefits of the EPF Act?
a) Only permanent employees
b) Only contractual employees
c) All employees, regardless of their employment status
d) Employees working in government establishments
Answer: c) All employees, regardless of their employment status
Which government body is responsible for resolving disputes related to the EPF Act?
a) Labor Court
b) Consumer Court
c) District Magistrate
d) Employees’ Provident Fund Organization (EPFO)
Answer: d) Employees’ Provident Fund Organization (EPFO)
What is the penalty for non-compliance with the provisions of the EPF Act?
a) Fine of up to RS.10,000
b) Imprisonment for up to 1 year
c) Fine and imprisonment both
d) Fine and cancellation of business license
Answer: c) Fine and imprisonment both
How often should employers submit the EPF contribution returns to the EPFO?
a) Monthly
b) Quarterly
c) Biannually
d) Annually
Answer: a) Monthly
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current limit for employee compensation in case of death due to employment injury under the EPF Act?
a) RS.2 lakhs
b) RS.4 lakhs
c) RS.6 lakhs
d) RS.10 lakhs
Answer: d) RS.10 lakhs
Can an employee transfer their EPF accumulations from one employer to another?
a) Yes, with the approval of the EPFO
b) Yes, through an online transfer claim
c) No, EPF accumulations cannot be transferred
d) No, the accumulations are automatically transferred
Answer: b) Yes, through an online transfer claim
How long should an employer maintain records related to EPF contributions?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer exempt an establishment from the provisions of the EPF Act?
a) Yes, with approval from the Employees’ State Insurance Corporation (ESIC)
b) Yes, with approval from the Ministry of Labor and Employment
c) No, the EPF Act is mandatory for all establishments
d) No, only the EPFO can exempt an establishment
Answer: d) No, only the EPFO can exempt an establishment
What is the current threshold limit for applicability of the EPF Act?
a) RS.10,000
b) RS.15,000
c) RS.20,000
d) RS.25,000
Answer: b) RS.15,000
Can an employee nominate more than one person for EPF benefits?
a) Yes, multiple nominations are allowed
b) No, only one nomination is allowedc) Only one nomination is allowed
Which form is used for EPF withdrawal for housing purposes?
a) Form 10C
b) Form 19
c) Form 31
d) Form 13
Answer: c) Form 31
What is the maximum limit for EPF withdrawal for housing purposes?
a) 50% of the total EPF accumulations
b) 75% of the total EPF accumulations
c) 90% of the total EPF accumulations
d) 100% of the total EPF accumulations
Answer: b) 75% of the total EPF accumulations
What is the period of maternity leave under the EPF Act?
a) 12 weeks
b) 16 weeks
c) 20 weeks
d) 24 weeks
Answer: c) 20 weeks
What is the maximum limit for employee contribution towards the Employees’ Deposit-Linked Insurance Scheme (EDLI)?
a) RS.1,00,000
b) RS.2,00,000
c) RS.3,00,000
d) RS.5,00,000
Answer: c) RS.3,00,000
Can an employee nominate a person other than a family member for EDLI benefits?
a) Yes, any person can be nominated
b) Yes, subject to approval from the EPFO
c) No, only family members can be nominated
d) No, the nomination is not required for EDLI benefits
Answer: c) No, only family members can be nominated
What is the time limit for the settlement of EPF withdrawal claims?
a) 7 days
b) 15 days
c) 30 days
d) 45 days
Answer: c) 30 days
Can an employer exempt an employee from contributing to the EPF?
a) Yes, with the employee’s consent
b) Yes, based on the employee’s request
c) No, contribution to the EPF is mandatory for all employees
d) No, the employer cannot exempt any employee
Answer: c) No, contribution to the EPF is mandatory for all employees
What is the maximum administrative charge that can be levied by the EPFO on employers?
a) 0.5% of the total wages
b) 1% of the total wages
c) 1.5% of the total wages
d) 2% of the total wages
Answer: d) 2% of the total wages
Can an employer recover any administrative charges from the employee’s EPF contributions?
a) Yes, up to 1% of the employee’s wages
b) Yes, up to 2% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Who is responsible for the maintenance and updating of the EPF member’s passbook?
a) Employee
b) Employer
c) EPFO
d) Bank
Answer: c) EPFO
Can an employee continue to contribute to the EPF after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: a) Yes, if the employee desires to continue contributing
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
Which form is used for transferring EPF accumulations from one employer to another?
a) Form 10C
b) Form 19
c) Form 13
d) Form 20
Answer: c) Form 13
Can an employer pay the EPF contribution electronically?
a) Yes, it is mandatory for all employers
b) Yes, subject to the employer’s preference
c) No, the contribution must be paid in cash only
d) No, the EPF contribution can only be paid through a bank draft
Answer: a) Yes, it is mandatory for all employers
Can an employer recover damages from an employee in case of EPF fraud?
a) Yes, by deducting the amount from the employee’s wages
b) Yes, by initiating legal proceedings against the employee
c) No, the employer cannot recover damages from the employee
d) No, damages can only be recovered from the EPFO
Answer: a) Yes, by deducting the amount from the employee’s wages
Can an employer voluntarily contribute more than the statutory rate to the EPF on behalf of employees?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, the contribution is limited to the statutory rate
d) No, the employer can only contribute the statutory rate
Answer: b) Yes, subject to approval from the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Can an employee contribute to the EPF voluntarily afterattaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
Can an employee nominate more than one person for EPF benefits?
a) Yes, multiple nominations are allowed
b) No, only one nomination is allowed
Answer: b) No, only one nomination is allowed
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Can an employee contribute to the EPF voluntarily after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borneentirely by the employer
Can an employee contribute to the EPF voluntarily after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Can an employee contribute to the EPF voluntarily after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Can an employee contribute to the EPF voluntarily after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
How often should an employer file the Annual Return under the EPF Act?
a) Annually
b) Biannually
c) Quarterly
d) Monthly
Answer: a) Annually
Can an employer request the EPFO to conduct an inspection of their establishment?
a) Yes, with prior notice to the employees
b) Yes, with the approval of the Ministry of Labor and Employment
c) No, an inspection can only be initiated by the EPFO
d) No, inspections are not conducted under the EPF Act
Answer: c) No, an inspection can only be initiated by the EPFO
What is the current threshold limit for EPF coverage in respect of an employee’s wages?
a) RS.5,000
b) RS.7,500
c) RS.10,000
d) RS.15,000
Answer: d) RS.15,000
Can an employer deduct any administrative charges from the EPF accumulations of employees?
a) Yes, up to 0.5% of the employee’s wages
b) Yes, up to 1% of the employee’s wages
c) No, the administrative charges are borne entirely by the employer
d) No, the administrative charges are paid separately by the employer
Answer: c) No, the administrative charges are borne entirely by the employer
Can an employee contribute to the EPF voluntarily after attaining the age of 58 years?
a) Yes, if the employee desires to continue contributing
b) Yes, but with the employer’s consent
c) No, the contribution ceases after the age of 58 years
d) No, the employee can only withdraw the accumulated amount
Answer: c) No, the contribution ceases after the age of 58 years
Can an employer make delayed contributions to the EPF on behalf of employees?
a) Yes, with the approval of the EPFO
b) Yes, by paying an additional penalty
c) No, delayed contributions are not allowed
d) No, the employer can only make contributions on time
Answer: b) Yes, by paying an additional penalty
What is the maximum period for which an employee’s contribution to the EPF can remain inoperative?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
Answer: c) 5 years
Can an employer reduce the EPF contribution rate below the statutory rate?
a) Yes, with employee consent
b) Yes, with approval from the EPFO
c) No, the contribution rate cannot be reduced
d) No, the employer can only increase the contribution rate
Answer: c) No, the contribution rate cannot be reduced
What is the current interest rate provided on EPF deposits?
a) 6%
b) 8%
c) 10%
d) 12%
Answer: b) 8%
Can an employee withdraw their EPF accumulations if they are unemployed for more than 2 months?
a) Yes, without any restrictions
b) Yes, subject to approval from the EPFO
c) No, withdrawal is allowed only after retirement
d) No, the employee must be unemployed for at least 3 months
Answer: d) No, the employee must be unemployed for at least 3 months
