Skip to content

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

Which of the following is a source of the Social Security Fund established by the Central Government for unorganised, gig and platform workers under the Code on Social Security, 2020?

Money received from composition of offences under the Code relating to the Central Government is a listed source. Section 141(1) also names funding under sections 109(3) and 114(3), and each source must be kept in a separate account. Dividends, donations and provident fund contributions are not listed.

  1. ADividends declared by private companies
  2. BFunding received from the composition of offences under the Code relating to the Central GovernmentCorrect
  3. CVoluntary donations collected by State Boards
  4. DEmployee contributions to the provident fund

Explanation

Section 141(1) lists the sources: funding under section 109(3), under section 114(3), and from the composition of offences under the Code relating to the Central Government and from any other Social Security Fund under another central labour law. Company dividends, State Board donations and provident fund contributions are not listed.

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