A
4.17% out of the total 12% provident fund contribution
B
8.33% out of the employer's 12% provident fund contribution
C
The entire 12% employer provident fund contribution
D
An additional 5% grant provided directly by the Ministry of Finance
Correct answer: (b) 8.33% out of the employer's 12% provident fund contribution
Explanation
The Employees' Pension Scheme (EPS) is financed by 8.33% of the employer's 12% provident fund contribution. Thus, option B is correct while others incorrectly state the financing ratios or sources.
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