Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) HR Officer Personnel Management Compensation and Salary Administration
Choose the correct code for the following statements being correct or incorrect.
Statement I: Fringe benefits mean anything that includes employees' family, that has high social and peer recognition. They include health, security and retirement benefits offered to full-time employees.
Statement II : Fringe benefits aim at increasing economic security of employees and are always non-taxable in nature.
1
Statement I is correct, but II is incorrect.
2
Statement II is correct, but I is incorrect.
3
Both the statements I and II are correct.
4
Both the statements I and II are incorrect.