Question
The insurance benefit under the Employees’ Deposit Linked Insurance Scheme is calculated as 35 times the average monthly wages of the member in the:
Option 1 : Last 12 months
Detailed Solution
सही उत्तर Last 12 months है।
The EDLI benefit is 35 times the average monthly wages drawn by the member during the last 12 months of service, subject to a maximum of Rs 7 lakh.
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prepsnap.in • Domain-SpecificQuestion:
The insurance benefit under the Employees’ Deposit Linked Insurance Scheme is calculated as 35 times the average monthly wages of the member in the:
Correct Answer: Last 12 months
The EDLI benefit is 35 times the average monthly wages drawn by the member during the last 12 months of service, subject to a maximum of Rs 7 lakh.