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EconomyMedium

In September 2026, the wage ceiling for mandatory EPFO coverage was raised to which level?

  1. A.Rs 15,000 per month
  2. B.Rs 21,000 per month
  3. C.Rs 25,000 per month
  4. D.Rs 30,000 per month

Correct answer

C. Rs 25,000 per month

Explanation

The correct answer is Rs 25,000 per month. The ceiling had last been revised in September 2014, when it was moved from Rs 6,500 to Rs 15,000 a month, and the approval granted in September 2026 took it to Rs 25,000. Over 51 lakh additional employees are expected to be drawn into mandatory coverage as a result. Option A is wrong because Rs 15,000 was the old limit and not the revised one. Options B and D, that is Rs 21,000 and Rs 30,000, are plausible-looking round figures but neither was approved. The point of the revision is that wage levels and formal employment have both grown since the limit was last touched, so the earlier threshold left a large number of salaried workers outside compulsory membership. Candidates should memorise the full sequence of the ceiling, since questions are often framed on the earlier figure rather than the new one.

Read the full article: Social Security Cover at 68.4% as EPFO Ceiling Hits Rs 25,000

Q4.EconomyMedium

Which department convened the Bharat Commerce Chintan Shivir along with ONDC?

  1. A.Department of Consumer Affairs
  2. B.Department of Revenue
  3. C.Department for Promotion of Industry and Internal Trade
  4. D.Department of Food and Public Distribution
Show answer
Correct answer: C. Department for Promotion of Industry and Internal Trade

It convened the Bharat Commerce Chintan Shivir with the Open Network for Digital Commerce at Vanijya Bhawan in New Delhi, and the roundtable was chaired by Union Minister of Commerce and Industry Piyush Goyal.

Q5.EconomyMedium

How many retailers and brands had ONDC DigiDukaan connected, as reported at the Bharat Commerce Chintan Shivir?

  1. A.Over 12,000 retailers with more than 300 brands
  2. B.Over 21,000 retailers with more than 450 brands
  3. C.Over 45,000 retailers with more than 800 brands
  4. D.Over 16,000 retailers with more than 250 brands
Show answer
Correct answer: B. Over 21,000 retailers with more than 450 brands

That is the reach of DigiDukaan across Hyderabad, Jaipur and Mumbai, and it marks a rise from over 12,000 retailers in the previous quarter.