{"id":12097,"date":"2026-04-30T12:34:59","date_gmt":"2026-04-30T07:04:59","guid":{"rendered":"https:\/\/www.class24.study\/current-affairs\/?p=12097"},"modified":"2026-05-01T16:27:35","modified_gmt":"2026-05-01T10:57:35","slug":"epfo-to-launch-new-portal-to-track-inoperative-accounts","status":"publish","type":"post","link":"https:\/\/www.class24.study\/current-affairs\/epfo-to-launch-new-portal-to-track-inoperative-accounts\/","title":{"rendered":"EPFO to Launch New Portal to Track Inoperative Accounts for Better Management"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Employees\u2019 Provident Fund Organisation (EPFO) is planning to roll out a new online portal for better monitoring of inoperative provident fund (PF) accounts. The project, called E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts), will assist members to find, merge and reactivate their existing PF accounts using Aadhaar-based verification. The initiative aims to enhance transparency, minimise unclaimed amounts, and make it easier to access retirement benefits. This will particularly ease the process for employees who started working before the roll-out of the Universal Account Number (UAN) system to manage long-pending or inoperative PF accounts.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">EPFO New Portal for Inoperative Accounts: Key Features &amp; Objectives<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The Employees&#8217; Provident Fund Organisation (EPFO) is setting up a special portal \u2013 E-PRAAPTI \u2013 to handle inoperative provident fund (PF) accounts.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">E-PRAAPTI stands for EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The E-PRAAPTI portal will help the members locate and track inoperative PF accounts not linked with UAN.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will help them to reactivate and link old accounts with the Universal Account Number (UAN).<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will enable users to access accounts using Aadhaar-based authentication.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will help minimise manual processes and document requirements for PF accounts.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will assist in minimising dormant PF accounts in India.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The portal will also help in tracking and settling funds.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">This is particularly helpful for those who were employed before UAN (before 2014).<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will help members to update their profiles and consolidate their employment history.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The move will help in recovering unclaimed and dormant PF funds.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">EPFO is trying to digitise, centralise and simplify PF management.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It will help in making PF funds more accessible and manageable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The portal will initially be accessed through the member ID and will then be enhanced.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Overall, it will help in financial inclusion and secure management of the provident fund.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">EPFO Static GK MCQs with Answers<\/span><\/h2>\n<p><b>When was EPFO established?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) 1950<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) 1951<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) 1952<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) 1955<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) 1951 \u2013 to provide social security through provident fund benefits for employees in India.<\/b><\/p>\n<p><b>EPFO is governed under which Act?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) RBI Act, 1934<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) EPF &amp; MP Act, 1952<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Companies Act, 2013<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Banking Regulation Act, 1949<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) EPF &amp; MP Act, 1952 \u2013 with legal framework for provident fund, pension, and insurance schemes.<\/b><\/p>\n<p><b>EPFO functions under which ministry?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) Ministry of Finance<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Ministry of Labour and Employment<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Ministry of Home Affairs<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Ministry of Corporate Affairs<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) Ministry of Labour and Employment \u2013 with responsibility for employee welfare and social security.<\/b><\/p>\n<p><b>Who is the executive head of EPFO?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) Governor<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) President<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Central Provident Fund Commissioner (CPFC)<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Finance Minister<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: C) CPFC \u2013 with responsibility for administration and execution of EPFO schemes.<\/b><\/p>\n<p><b>Who is the current chairman of EPFO\u2019s CBT?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) RBI Governor<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Prime Minister<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Mansukh Mandaviya<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Finance Minister<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: C) Mansukh Mandaviya \u2013 with authority over policy decisions and governance of EPFO.<\/b><\/p>\n<p><b>EPFO headquarters is located in the following: <\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) Mumbai<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Kolkata<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) New Delhi<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Chennai<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: C) New Delhi \u2013 with central administrative control over all regional offices.<\/b><\/p>\n<p><b>EPFO primarily deals with:<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) Tax collection<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Provident fund and social security<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Stock market regulation<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Foreign trade<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) Provident fund and social security \u2013 with focus on retirement benefits for employees.<\/b><\/p>\n<p><b>The governing body of EPFO is:<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) SEBI Board<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Central Board of Trustees (CBT)<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) RBI Committee<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) NITI Aayog<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) CBT \u2013 with responsibility for policy formulation and governance of EPFO.<\/b><\/p>\n<p><b>A Universal Account Number (UAN) is issued by:<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) RBI<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) EPFO<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) SEBI<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) NABARD<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) EPFO \u2013 to link multiple PF accounts of employees.<\/b><\/p>\n<p><b>EPFO was created mainly for:<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> A) Banking regulation<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> B) Social security of employees<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> C) Tax collection<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"> D) Export promotion<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span> <b>Answer: B) Social security of employees, to provide retirement benefits.<\/b><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/www.class24.study\/current-affairs\/jyotiba-phule-jayanti-2026\/\" target=\"_blank\" rel=\"noopener\">Jyotiba Phule Jayanti 2026<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-12231\" src=\"https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM-300x169.png\" alt=\"EPFO to Launch New Portal \" width=\"412\" height=\"232\" srcset=\"https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM-300x169.png 300w, https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM-1024x576.png 1024w, https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM-768x432.png 768w, https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM-1536x864.png 1536w, https:\/\/www.class24.study\/current-affairs\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-30-2026-02_49_32-PM.png 1672w\" sizes=\"(max-width: 412px) 100vw, 412px\" \/><\/p>\n<h2><span style=\"font-weight: 400\">Conclusion \u2013 EPFO to Launch New Portal E-PRAAPTI<\/span><\/h2>\n<p><span style=\"font-weight: 400\">EPFO&#8217;s E-PRAAPTI project is an important initiative to enhance transparency and efficiency in dealing with inoperative provident fund schemes. The portal, which will facilitate Aadhaar-based matching and access to old PF accounts, will enable employees to reclaim their lost PF accounts. This will save time, promote e-governance and improve financial inclusion. In essence, this initiative is an example of how EPFO is moving towards digitisation and offering a simple, secure and efficient system to millions of EPF members in the country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Employees\u2019 Provident Fund Organisation (EPFO) is planning to roll out a new online portal for better monitoring of inoperative provident fund (PF) accounts. The project, called E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts), will assist members to find, merge and reactivate their existing PF accounts using Aadhaar-based verification. The initiative aims to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-12097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-hindu-editorial"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/12097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/comments?post=12097"}],"version-history":[{"count":2,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/12097\/revisions"}],"predecessor-version":[{"id":12232,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/12097\/revisions\/12232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media\/12098"}],"wp:attachment":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media?parent=12097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/categories?post=12097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/tags?post=12097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}