ECONOMICS

COST ACCOUNTING

TRANSFER PRICING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Subsidy for Financial relief paid to dependent of deceased employee.
A
100%
B
75%
C
25%
D
50%
Explanation: 

Detailed explanation-1: -Presently, the attributes on 100-point scale are-Quantum of Family Pension (20 points); Terminal Benefits (10 points); Monthly income of family from other sources (05 points); Movable/immovable property held by the family (10 points); No. of dependents (15 points), No. of unmarried daughters (15 points); No.

Detailed explanation-2: -Amount of Advance.-The amount of an advance which may be granted under Rule 79 shall be equal to two months’ basic pay and dearness pay taken together of the deceased Govt. servant, subject to a maximum of Rs. 8, 000 (Rupees Eight thousand only). Rule 81.

Detailed explanation-3: -(1) If the Government servant is survived by the widow, she will be entitled to family pension equal to the pay last drawn by the deceased Government servant. The said family pension shall be admissible to her for life or until her remarriage.

There is 1 question to complete.