Answer / m.uma shankar

Definition : Pay roll Savings Scheme is an arrangement under
which an employee voluntarily authorized the employer to
deduct from his salary every month a fixed amount for
deposit in various savings schemes of the Post Office. It
was introduced in 1958 in private section undertakings and
extended to Government offices in May, 1962. The amended
section of the Wages Act permits the employers to deduct the
agreed amount from the wages/salaries of the employees and
invest the same in the National Savings Securities as
desired by them under this Scheme.

i have done b.sc. bio & pursuing mba in an interview they asked why r u doing mba after b.sc.???

2 Answers   HDFC,

---

What is Acquisition?

22 Answers  

---

Difference between clerk and PO?

0 Answers  

---

What is 'monetised deficit'?

0 Answers  

---

What is the key difference between private sector banks and the government sector banks?

0 Answers   IBPS,

---

Discuss risks that you have taken if your life?

0 Answers  

---

Why should I invest in Mutual fund which is not secured rather than investing in Any Nationalized bank which is giving me guaranteed interest rate of 9.5% per annum which is also more secured?

0 Answers  

---

Differentiate between Funds Flow and Cash Flow statements?

0 Answers  

---

what do u mean by capital adequacy ratio?

2 Answers  

---

what is post-issue capital of the company

1 Answers  

---

what is the travellingcheak

1 Answers  

---

hello, i am going to face interview for the post of assistant professor (management)in a university in a couple of days plaease suggest questions and answers foe the same.

0 Answers  

---