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AAFM CTEP Exam - Topic 8 Question 42 Discussion

The maximum gratuity payable as per Payment of Gratuity Act is __________.
A) Rs. 2,50,000
B) Rs.3,00,000
C) Rs. 10,00,000
D) Rs.4,00,000

AAFM CTEP Exam - Topic 8 Question 42 Discussion

Actual exam question for AAFM's CTEP exam
Question #: 42
Topic #: 8
[All CTEP Questions]

The maximum gratuity payable as per Payment of Gratuity Act is __________.

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Suggested Answer: A

by Florinda at May 31, 2024, 10:31 AM

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Dortha
9 months ago
Not sure about that, I thought it was capped at Rs. 5,00,000.
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Katie
10 months ago
Totally agree, it should be higher!
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Raul
10 months ago
Wait, is it really that high? Sounds surprising!
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Aretha
10 months ago
I thought it was lower, like Rs. 10,00,000.
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Alison
10 months ago
It's Rs. 20,00,000 as of 2023!
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Kanisha
11 months ago
I’m torn between Rs. 4,00,000 and Rs. 3,00,000. I wish I had reviewed the Payment of Gratuity Act more thoroughly!
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Devon
11 months ago
I practiced a similar question, and I think the answer was Rs. 2,50,000. That sounds familiar.
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Loreta
11 months ago
I feel like it might be Rs. 10,00,000, but that seems too high. I need to double-check my notes.
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Juan
11 months ago
I think the maximum gratuity is around Rs. 3,00,000, but I’m not entirely sure. I remember discussing it in class.
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Donette
11 months ago
I'm a bit confused by this question. I know the Payment of Gratuity Act is important, but I can't recall the exact maximum gratuity amount off the top of my head. I'll have to carefully review the options to determine the right answer.
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Daisy
11 months ago
Okay, let me think this through. The question is asking about the maximum gratuity payable, so I need to refer to the relevant labor law. I believe the answer is A, Rs. 2,50,000.
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Elliot
11 months ago
Hmm, I'm not entirely sure about this. I'll need to double-check the details of the Payment of Gratuity Act to be certain of the correct answer.
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Colby
11 months ago
I'm pretty confident about this one. The Payment of Gratuity Act sets the maximum gratuity payable at Rs. 2,50,000, so the answer is A.
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Frank
11 months ago
I feel pretty good about this question. The wording is clear, and as long as I can find the right information in the code, I should be able to determine the correct answer.
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Claudio
11 months ago
This looks like a tricky one. I'll need to carefully read through each option and think about the syntax requirements for the schedule command.
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Viki
12 months ago
Hmm, I'm a bit unsure about the difference between a single-node and multi-node domain. I'll need to review that before answering.
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Lizette
1 year ago
Rs. 4,00,000 seems like a reasonable amount. I wonder if they'll let me use that as a down payment on a house.
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Fannie
1 year ago
D) Rs.4,00,000
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Louisa
1 year ago
Wow, that's a lot of money!
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Talia
1 year ago
C) Rs. 10,00,000
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Rolande
1 year ago
That would be a nice down payment for a house.
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Hermila
1 year ago
D) Rs.4,00,000
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Cheryl
1 year ago
C) Rs. 10,00,000
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Leeann
1 year ago
B) Rs.3,00,000
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Charlene
1 year ago
A) Rs. 2,50,000
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Stacey
1 year ago
Rs. 10,00,000? That's a jackpot! I'll start planning my early retirement.
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Quentin
1 year ago
D) Rs.4,00,000
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Virgie
1 year ago
C) Rs. 10,00,000
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Laurel
1 year ago
B) Rs.3,00,000
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Serina
1 year ago
I agree, it's a good motivation for employees to stay with a company.
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Nickole
1 year ago
A) Rs. 2,50,000
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Karan
1 year ago
I know, it's a great incentive for long-term service.
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Kallie
1 year ago
Yes, it's Rs. 10,00,000. That's a significant amount for gratuity.
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Nickolas
1 year ago
Rs. 2,50,000? That's barely enough to cover the cost of a fancy dinner these days.
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Madalyn
1 year ago
Wow, that's a lot of money! I better start practicing my best waiter skills!
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Yaeko
1 year ago
B) Rs.3,00,000
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Ozell
1 year ago
A) Rs. 2,50,000
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Fanny
1 year ago
I'm not sure, but I think it's important to know for the exam.
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Lea
1 year ago
I believe it is Rs. 3,00,000.
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Fanny
1 year ago
I think the maximum gratuity payable is Rs. 10,00,000.
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