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Question
The Labour Ministry hiked the maximum sum assured payable under EDLI scheme from Rs. 6 lakh to how much amount?
Options:
A .  Rs.9 lakh
B .  Rs.7 lakh
C .  Rs.8 lakh
D .  Rs.10 lakh
Answer: Option B

The labour ministry has implemented a decision of retirement fund body EPFO's trustees to hike the maximum sum assured payable under the Employees' Deposit Linked Insurance Scheme, 1976 to Rs 7 lakh from the existing Rs 6 lakh.


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