BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Employees’ State Insurance scheme was inaugurated on
A
26th February 1989
B
24th February 1952
C
17th February 1961
D
10th February 1969
Explanation: 

Detailed explanation-1: -History. The scheme was inaugurated in Kanpur on 24th February 1952 (ESIC Day) by then Prime Minister Pandit Jawahar Lal Nehru.

Detailed explanation-2: -An Act to provide for certain benefits to employees in case of sickness, maternity and ‘ employment injury ‘ and to make provision for certain other matters in relation thereto. 1. Short title, extent, commencement and application.-(1) This Act may be called the Employees’ State Insurance Act, 1948.

Detailed explanation-3: -The promulgation of Employees’ State Insurance Act, 1948(ESI Act), by the Parliament was the first major legislation on social Security for workers in independent India.

Detailed explanation-4: -An Act to provide for certain benefits to employees in case of sickness, maternity and. employment injury and to make provision for certain other matters in relation thereto.

There is 1 question to complete.