The Employees' Provident Fund Organization (EPFO) is a statutory body under the _____(1) of India. It is responsible for the regulation and management of provident funds in the country. The EPFO aims to provide social security to the workforce in the form of _____(2), insurance, and pension benefits.

The organization is governed by the Employees' Provident Funds and Miscellaneous Provisions Act, _____(3), which outlines the rules and regulations for provident fund schemes. Employers and employees contribute a percentage of the employee's salary to the provident fund, which is then managed by the EPFO. Upon _____(4), employees can withdraw their accumulated funds, which serve as a financial cushion.

The EPFO also offers an online portal where members can _____(5) their accounts, check their balance, and make claims. This digital initiative aims to make the process more _____(6) and user-friendly. The organization continuously works towards improving its services and expanding its reach to _____(7) more employees across various sectors.

  1. a) Government

    b) Parliament

    c) Judiciary

    d) Executive

  2. a) loans

    b) savings

    c) gratuity

    d) wages

  3. a) 1950

    b) 1961

    c) 1972

    d) 1952

  4. a) promotion

    b) resignation

    c) employment

    d) retirement

  5. a) access

    b) deposit

    c) transfer

    d) close

  6. a) complicated

    b) efficient

    c) costly

    d) slow

  7. a) exclude

    b) ignore

    c) benefit

    d) neglect