The Employees’ Provident Fund Organisation (EPFO) test is administered by the Union Public Service Commission (UPSC) to select candidates for the Enforcement Officer/Accounts Officer position. A written exam and an interview make up the recruitment procedure, which is performed once a year.
The Government of India’s Ministry of Labour and Employment oversees the EPFO as a statutory organization. It oversees the pension, insurance, and provident fund programmes for workers in the organized sector. The UPSC EPFO salary under the Ministry of Labour and Employment, Government of India is based on the 7th Pay Commission. The Enforcement Officer/Accounts Officer’s responsibility is to make sure the funds are managed in line with EPFO laws and regulations.
List of contents
| EPFO UPSC eligibility |
EPFO UPSC eligibility
The EPFO UPSC eligibility criteria are as follows –
Age Requirement: As of the first of August, of the exam year, the candidate must be between the ages of 20 and 30. However, candidates who fall under specific categories, such as SC/ST, OBC, and PwBD, are given an exemption in the upper age restriction.
Qualifications: A Bachelor’s degree in any discipline from an accredited institution or institute is required of candidates. The stream or courses in the qualifying degree are not subject to any requirements.
Nationality: The applicant must be an Indian, Nepalese, or Bhutanese national or a Tibetan refugee who entered India before January 1, 1962.
Salary for UPSC EPF
Basic Salary: UPSC EPFO salary is Rs. 47,600.
Dearness Allowance (DA): In January and July of each year, the Dearness Allowance (DA) is updated. The DA for central government employees is 28% of the base salary as of July 2021. Therefore, the DA component for an EPFO officer is Rs. 13,328 (28% of Rs. 47,600).
House Rent Allowance (HRA): The HRA is depending on the city of posting and can be anywhere between 8% and 24% of the basic salary. A metro city-based EPFO officer is qualified for a 24% HRA. Therefore, an HRA component of Rs. 11,424 (24% of Rs. 47,600) will be paid to an EPFO official stationed in a major city.
UPSC Exam Pattern for EPFO
There are two papers in the UPSC EPFO exam: Paper 1 and Paper 2.
The exam gauges a candidate’s general knowledge, quantitative aptitude, and English language proficiency.
Questions on general accounting principles, industrial relations, labour laws, and social security in India are covered in Paper 2’s descriptive-style test. Three hours are allotted for the exam, which has a maximum score of 300.
The ultimate decision is made based on the total scores received in the exams and the interview. 50% of the weight is given to Paper 1, 50% to Paper 2, and 100% to the interview.
Exam syllabus for UPSC EPFO
There are two papers in the UPSC EPFO test syllabus. General English, General Knowledge, and Quantitative Aptitude are all covered in Paper 1. General Accounting Principles, Industrial Relations, Labour Laws, and Social Security in India are all topics covered in Paper 2.
General English Paper 1: Vocabulary, Synonyms, Antonyms, Idioms and Phrases, Reading Comprehension, Sentence Correction, Error Spotting, and One-Word Substitution.
Current events, Indian politics and economy, Indian history, geography, science and technology, environment and ecology, sports, and culture are all examples of general knowledge.
General Accounting Principles Paper 2: Double Entry System, Journal, Ledger, Trial Balance, Rectification of Errors, Bank Reconciliation Statement, Depreciation and Provisions, Financial Statements.
How to Pass the UPSC EPFO Exam
Recognize the Exam Syllabus and Pattern: It is crucial to fully comprehend the exam format and material before beginning your preparation. Planning your study time more effectively depends on knowing what to study and how to study.
Make a study schedule: Create a study schedule with daily, weekly, and monthly goals. You can stay focused and organized by creating a study plan.
Refer to Standard Books: Standard books will help you lay a solid conceptual basis. For a foundational understanding, it is advised to start with NCERT books before moving on to additional reference works.
Practice Mock Exams: By taking practice exams, you can better comprehend the format of the exam, increase your speed, and discover your strengths and limitations.
Regular revision is necessary to ensure that the ideas and formulas are retained. In order to prevent forgetting what you have learned, make sure to revise frequently.
Conclusion:
The highly competitive UPSC EPFO test necessitates a solid conceptual base, consistent preparation, and efficient time management. You can ace the exam with flying colours by paying attention to your goals and heeding the advice given above. Maintaining motivation and a positive outlook is crucial while preparing.
FAQs:
- How old must you be to take the UPSC EPFO exam?
An applicant must be between the ages of 21 and 30 on the first of the year the exam is being administered. For candidates in the reserved category, there is an age relaxation.
The UPSC EPFO test has a negative marking, right?
Yes, there is a negative marking for that question equal to one-third.
Can aspirants in their final year register for the UPSC EPFO exam?
No, only applicants who have earned their diplomas are eligible to take the exam.
Is the UPSC EPFO interview round a requirement for selection?
The interview round is required for those who pass the UPSC EPFO exam.
How many times can you take the UPSC EPFO exam?
The UPSC EPFO test has an unlimited number of attempts.
What level of schooling is needed to apply for the UPSC EPFO exam?
The applicant must hold a Bachelor’s degree in any field from an accredited institution.
