Civil Services UPSC EPFO (APFC) Mock Test 2023 Current Affairs Government Policies and Schemes Social Security Schemes
Consider the following related to the Contributory law.
1. The contributory laws are those which provide for the financing of the social security programs by contributions paid by workers and employers and in some cases supplemented by contributions/grants from the Government.
2. The three major contributory laws are the Workmen’s Compensation Act, 1923, the Maternity Benefit Act, 1961, and the Payment of Gratuity Act, 1972.
Choose the correct answer from below.
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2