A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because EPFO operates under the Ministry of Labour and Employment. Statement 2 is incorrect because the EPF Act, 1952 applies to establishments with 20 or more employees, not 50.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2020 · Q140 · UPPGS
Which of the following statements is NOT correct for National Pension Scheme for Retail Traders/ Shopkeepers and Self-employed persons? -
2024 · Q117 · UPPGS
With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"? Select the correct answer from the code given below: