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Directions (Questions 1 to 10): Read the following information carefully and answer the questions below it:
                                                 

A company has following Gratuity (G) and provident Fund (PF) rules:
1. An employee must have completed one year’s service to be eligible for either G or PF.
2. An employee resigning or retiring or retrenched after ten years’ service gets both G and PF.
3. An employee retrenched or retiring after five years but before 10 years’ service gets both G and PF, but that resigning during this period gets either G or PF.
4. An employee retrenched or retiring before 5 years’ service gets PF but not G; but that resigning during this period gets neither G nor PF.
However,
5. in case an employee dies after 2 years’ service, his family gets both G and PF.
6. in case an employee was on leave without pay, such period is deducted from his total years of service and then above rules are applied.
7. in the case of a lady employee, if she has completed 2 years’ service, two years are added to her actual service before applying the above rules, as a special consideration.

Apply the above rules to the cases described in each of the following questions and decide whether the employee is eligible for G and/or PF.
Mark answer (a) if only G can be given; (b)if only PF can be given; (c) if either G or PF can be given; (d) if both G and PF can be given and (e) if neither G nor PF can be given.
 
important for :

  • 1.
    Mr. Augustin serving in the company for five years out of one year he was on leave without pay, was retrenched from the service.
    A. If only G can be given B. If only PF can be given
    C. If either G or PF can be given D. If both G and PF can be given
    E. If neither G nor PF can be given

  • 2. Miss Monika served for 3/2 years and was retrenched.
    A. If only G can be given B. If only PF can be given
    C. If either G or PF can be given D. If both G and PF can be given
    E. If neither G nor PF can be given

  • 3. Mr. Juneja was retrenched from service after seven years.
    A. If only G can be given B. If only PF can be given
    C. If either G or PF can be given D. If both G and PF can be given
    E. If neither G nor PF can be given

  • 4. Mrs. Sharma served the company for four years and resigned.
    A. If only G can be given B. If only PF can be given
    C. If either G or PF can be given D. If both G and PF can be given
    E. If neither G nor PF can be given

  • 5.
    Mr. Basu served in the company for seven years and resigned after a prolonged illness of three years for which he was on leave without pay.
    A. If only G can be given B. If only PF can be given
    C. If either G or PF can be given D. If both G and PF can be given
    E. If neither G nor PF can be given

 
 
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Eligibility Test is one of the important chapters of Verbal Reasoning which is asked in Bank, MAT and CLAT exams. In this chapter, some information is given followed by 5 to 10 questions. You can easily score maximum marks in this topic if you know the basics of Eligibility Test.

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