Current Affairs · Government Schemes and Portals
Which of the following statements accurately describe the changes made by the Employees' Provident Fund Organisation (EPFO) to the auto-settlement limit for advance claims as of the portal revamp in 2025? 1. EPFO has increased the auto-settlement limit for advance claims from ₹1 lakh to ₹5 lakh for eligible individuals. 2. Disbursal of valid auto-settled claims up to ₹5 lakh will now be processed within 3 days (72 hours), without manual intervention by EPFO officials. 3. The number of auto-settled claims witnessed a significant increase, rising to over 2.16 crore in FY25 compared to 89.52 lakh in FY24.
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