CTEP practice question 29 of 35
Mr. Sumit has worked in a PSU for 14 years 7 months. His Terminal Wages are Rs. 45,000. He wants to know the Gratuity amount payable to him (assuming that he leaves the service today). It is_____________
Full set: 472 questionsCorrect Answer:
A. Rs. 3,89,423
Explanation
:
Keep practicing
Take the free CTEP practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other CTEP practice questions
- Question 1As per Employee Provident Fund, a member can withdraw________ of the amount of provident …
- Question 2There are______ key estate planning strategies to transfer wealth efficiently. In a Grant…
- Question 3____________ is the most basic legal instrument of all Estate Plans.
- Question 4The Hire Purchase System is regulated by the Hire Purchase Act ________
- Question 5A will can be made by anyone above _____ years of age in India.
- Question 6You are an Estate Planner. As part of the Estate Planning process, you require the client…