Civil Services UPSC EPFO (EO/AO) Mock Test 2023 Current Affairs Government Policies and Schemes Social Security Schemes
How Gratuity is calculated through the formula under The Payment of Gratuity Act, 1972?
- Gratuity = Last Drawn Salary × 15/21 × Years of Service
- Gratuity = Last Drawn Salary × 15/27 × Years of Service
- Gratuity = Last Drawn Salary × 15/26 × Years of Service
- Gratuity = Last Drawn Salary × 15/25 × Years of Service
1
1 only
2
2 only
3
3 only
4
4only