A social security scheme in which both employer and employee contribute 10% of the basic wages every month is ______.

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KollegeApply · Accepted Answer

A social security scheme in which both employer and employee contribute 10% of the basic wages every month is Provident Fund. Explanation: Provident fund is a social security plan where both employers and employees contribute 10% of their basic earnings monthly. Employees can save a percentage of their monthly wage for future use, such as retirement or emergencies.

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