Statement: The government is planning to put a cap on premature withdrawal of provident fund (PF) money. The employees Provident Fund organization (EPFO) has proposed that an employee be allowed to withdraw only 75% off the overall kitty, instead of 100% as permitted earlier.
Question: People who tend to withdraw PF money between jobs or those planning to use it for either buying a house for paying medical bills will not be able to withdraw the money
Options:
A. true
B. false
C. uncertain
Answer: B