Examveda

A situation, whichis very serious, has arised and it warrants that the member of the trade union be financially assisted. As per the Trade Unions Act, 1926, what is the maximum quantum of benefit which a Trade Union can offer to its member out of the total gross income in the year and the balance of the credit of the preceding year

A. one-tenth

B. one-sixth

C. one-fourth

D. half

Answer: Option C


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