[PPSC Principal, HM and BPEO, 2020]

34. Choose the code for correct statements :
I. The Employee Provident Fund Organisation (EPFO) works under the Ministry of Labour and Employment, Government of India.
II. The EPFO has increased the interest rate on EPF deposits for 2019 – 20 from 8.5% to 8.65%.

1. Only I

2. Only II

3. Both I and II

4. None of the above

Correct Answer :

Only I