Which of the following is Correctly matched?

The correct answer is option 3- Dearness Pay (DP) : It is that portion of Dearness Allowance, which has been declared and deemed to have been merged with the Basic Pay.

 

• Basic Pay (BP) : It is the pay in the pay scale plus Grade Pay, but does not include Special Pay.

• Grade Pay (GP) : It is the pay to be added to the Basic Pay according to the Designation of the employee and applicable pay band or scale of pay.

• Dearness Pay (DP) : It is that portion of Dearness Allowance, which has been declared and deemed to have been merged with the Basic Pay.

• Dearness Allowance (DA) : It is a compensation for erosion in the purchasing power of wage earner due to price rise. It is granted by the Government periodically as a percentage of (Basic Pay + Dearness Pay, if applicable).