EPFO & Central Regulatory Recruitment (EO / AO & APFC)

Accounting Standards & Auditing question bank (General Accounting Principles & Industrial Relations)

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Q1.

[EPFO & Industrial Relations - Recruitment Question #1] Under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, what is the standard statutory contribution rate payable by both employer and employee for eligible establishments?

(A)

15% of basic salary strictly

(B)

12% of basic wages, dearness allowance and retaining allowance

(C)

10% of gross total salary

(D)

8.33% of total cost to company (CTC)

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Q2.

[Mool Vidhi & Constitutional Law - Recruitment Question #2] Under Article 21 of the Constitution of India, which landmark Supreme Court judgement established that the right to privacy is a fundamental right?

(A)

Justice K. S. Puttaswamy (Retd.) vs. Union of India (2017)

(B)

Maneka Gandhi vs. Union of India (1978)

(C)

K. Gopalan vs. State of Madras (1950)

(D)

Kesavananda Bharati vs. State of Kerala (1973)

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