CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Country ink pact to avoid double social security contribution
A
India & America
B
Australia & England
C
Australia & India
D
England & Bahrain
Explanation: 

Detailed explanation-1: -India, Australia ink pact to avoid double social security contribution. The agreement, marking another big step to enhance ease of doing business, was notified by the EPFO in Jan and will be in effect from Jan 1, 2016.

Detailed explanation-2: -GERMANY The Government of India executed an Agreement on Social Security between Republic of India and The Federal Republic of Germany. The agreement has come into force w.e.f 01-10-2009.

Detailed explanation-3: -Talks for a social security totalisation agreement between India and the US have been going on since 2007. Once concluded, this will allow Indian workers to get back their contributions towards the US’ Social Security programme after they leave their jobs in the US and come back to India.

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