Civil Services UPSC EPFO (APFC) Mock Test 2023 Current Affairs Government Policies and Schemes Social Security Schemes
Which of the following statements about the Worker Compensation Act, 1923 (now Employee Compensation Act,1923) is correct?
1
It is an employer’s liability scheme, which mainly relies upon the good behaviour of employers.
2
This act takes care of death due to employment injury only.
3
The maximum amount of compensation for disablement is Rs.10 lacs and for death is Rs. 20 lacs.
4
In the case of temporary disablement monthly payments are made @ 50% of wages for a year.