UPSC Prelims Practice Questions — Budget ignores unemployment, social security: trade unions
Q1. The Employees' Provident Fund Organisation (EPFO), which has been designated as the implementing agency for the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), is a statutory body constituted under which one of the following enactments?
- A. The Employees' State Insurance Act, 1948
- B. The Employees' Provident Funds and Miscellaneous Provisions Act, 1952
- C. The Code on Social Security, 2020
- D. The Industrial Employment (Standing Orders) Act, 1946
Q2. With reference to the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) as compared to its predecessor employment-linked incentive schemes, consider the following statements:
1. The benefits of PM-VBRY are applicable to jobs created during the window 1 August 2025 to 31 July 2027.
2. Under PM-VBRY, the employer-side incentive is paid for two years in general but is extended to four years in the manufacturing sector.
3. Under PM-VBRY, the first-time employee incentive is restricted to newly EPFO-registered employees earning up to ₹50,000 per annum.
Which of the statements given above is/are correct?
- The benefits of PM-VBRY are applicable to jobs created during the window 1 August 2025 to 31 July 2027.
- Under PM-VBRY, the employer-side incentive is paid for two years in general but is extended to four years in the manufacturing sector.
- Under PM-VBRY, the first-time employee incentive is restricted to newly EPFO-registered employees earning up to ₹50,000 per annum.
- A. 1 and 2 only
- B. 2 and 3 only
- C. 1 and 3 only
- D. 1, 2 and 3
Q3. Which one of the following is the implementing agency designated under the Ministry of Labour & Employment for operationalising the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)?
- A. Directorate General of Employment (DGE)
- B. Employees' State Insurance Corporation (ESIC)
- C. National Career Service (NCS)
- D. Employees' Provident Fund Organisation (EPFO)
Q4. Under Part A of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), the term 'first-time employee' is best described as which one of the following?
- A. Any worker registered on the e-Shram portal for the first time, regardless of EPF coverage or wage
- B. A newly EPFO-registered employee earning up to ₹1 lakh per annum, eligible for one month's EPF wage up to ₹15,000 in two instalments
- C. A platform or gig worker newly registered under the Code on Social Security, 2020, earning up to ₹15,000 per month
- D. Any employee in the manufacturing sector hired afresh, irrespective of prior EPFO membership, drawing wages up to ₹25,000 per month
Q5. Which one of the following is the flagship Employment Linked Incentive (ELI) scheme highlighted in Union Budget 2026-27 with the largest single allocation within the Labour Ministry envelope and a total scheme outlay of ₹99,446 crore?
- A. Pradhan Mantri Rojgar Protsahan Yojana (PMRPY)
- B. Aatmanirbhar Bharat Rozgar Yojana (ABRY)
- C. Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)
- D. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)