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Question : The basis of determining dearness allowance to employees in India is

Option 1: national income

Option 2: consumer price index

Option 3: standard of living

Option 4: inflation rate


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Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 27th Jan, 2024

Correct Answer: consumer price index


Solution : The correct answer is the consumer price index.

The consumer price index is used in India to calculate the Dearness Allowance (DA) for government employees. A benefit known as a Dearness Allowance (DA) is provided to employees to offset the impact of inflation on their real income and pay. The computation accounts for the effect of inflation in each employee's specific area.

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