ESIC and other benefits

Q.

Life insurance is an activity of the? -

1. primary sector

2. service sector

3. secondary sector

4. none of these

Q. PF stands for __________.

1. Provident Fund
2. Pension Fund
3. Provisional Fund
4. Permanent Fund

Q. It's your grandmother's retirement party. She is a government employee. She promises to pay your school fee regularly with the money she is going to receive from the government. The amount she would regularly receive after her retirement is known as _______.

1. pension
2. insurance
3. provident fund
4. salary

Q. ESI stands for ____.

1. Employees' Sustainable Insurance
2. Employees' Security Insurance
3. Employees' State Insurance
4. Employees' Savings Insurance

Q. One of the most popular government schemes to provide medical insurance to the employees is called .

1. ESI
2. EPFO
3. PF
4. PPF

Q. Some factories do not provide proper protection to workers. Which of the following is one of the reasons for such conditions?

1. There is no need of labour protection law.
2. Many factories are not registered properly.
3. Providing remuneration to the workers is enough.
4. Absence of labour protection laws.

Q. Rajnish is a retired colonel in the madras regiment. He suffered from a bullet injury on his left thigh, in the India-Pakistan war in 1971, causing a nerve damage and leaving him partially paralysed. Rajnish had bought a plan from a company, to support himself in case of grievous injury and paid a premium of Rs. 500 a month. When he got injured, he was paid for his expenses entirely, for hospitalisation and recovery. Such an arrangement is called __________.

1. provident fund
2. pension
3. medical insurance
4. gratuity

Q. Rohit is a serving bureaucrat in the Finance Ministry. He has a plan in place to support himself after his retirement. Rohit sets aside a small part of his salary into an account every month. Once Rohit reaches the age of his retirement, he can withdraw the money from his account and invest that money in different ventures. Such an account is called _________.

1. insurance account
2. gratuity account
3. increment account
4. pension account

Q.

Collect the information about labour commition of india and women.(about3-4 pages)

Q. ____ is a sum of money paid by the employees in the form of an investment which is returned to them once they retire.

1. Pension
2. Insurance
3. Provident fund
4. Salary

Q. Ramu was once a street vendor. After years of trying, he recently secured permanent employment at a public sector bank (government bank). Which of the following benefits will he stand a chance to receive as part of his new employment?

1. Medical allowance
2. Old age pension
3. All-expenses paid trip
4. Savings scheme

Q. ____ is the regular sum of money received by a former employee after he/she stops working.

1. Pension
2. Insurance
3. Salary
4. Insurance

Q. Which of the following is a scheme that offers help to subscribers who contribute a fixed amount of money regularly?

1. Provident fund
2. Insurance
3. Pension
4. Allowance

Q. The Employees Provident Fund Act was passed in the year ________.

1. 1948
2. 1971
3. 1976
4. 1952

Q. Responsibility towards the workers is _______.

1. Fair wage
2. Fair deal
3. Right kind of working conditions
4. All of the above