Skip to content

CS Executive · Setting Up of Business, Industrial and Labour Laws · The Code on Social Security, 2020

Under the Code on Social Security, 2020, the Central Government sets up a Social Security Fund for unorganised workers, gig workers and platform workers. Which of the following is one of the sources of this Central fund?

Money received from the composition of offences under the Code relating to the Central Government is a listed source of the Central Social Security Fund. The Code does not name listed company donations, tax refunds or State Board registration fees as sources.

  1. AFunding from the composition of offences under the Code relating to the Central GovernmentCorrect
  2. BCompulsory annual donations from every listed company
  3. CIncome-tax refunds due to employers
  4. DFees collected from the State Unorganised Workers' Boards for registration

Explanation

The Central Social Security Fund draws on funding under sub-sections (3) of sections 109 and 114, and on composition of offences relating to the Central Government and any other Social Security Fund under another central labour law. Donations from listed companies, tax refunds and Board registration fees are not listed sources.

Did you get it right without looking?

One question tells you little. A timed set on The Code on Social Security, 2020 shows your real accuracy, how long you take and where you lose marks.

Practise The Code on Social Security, 2020Free diagnostic mock

More The Code on Social Security, 2020 questions