Current Affairs

GK MCQs Section
Q. Consider the following statements regarding the Employees Provident Fund Organization (EPFO):
  1. It is a statutory body established under the Employees Provident Fund and Miscellaneous Provisions Act, 1952.
  2. It functions under the administrative control of the Ministry of Labour and Employment, Government of India.
Which of the above statements is/are correct?
Answer: Both 1 and 2
Notes: Both statements are correct. The EPFO is a statutory body created under the Employees Provident Fund and Miscellaneous Provisions Act, 1952, which governs the provisions of provident fund, pension, and insurance for employees. The EPFO functions under the administrative control of the Ministry of Labour and Employment, Government of India, ensuring oversight and policy guidance.
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📌 Question Number: 137 in 39. Constitutional, Statutory, Non-statutory and Quasi-judicial Bodies in the above course in App.