The gratuity is payable to an employee shall not exceed- / » Laws and Ethics solved MCQs / By admin Question: The gratuity is payable to an employee shall not exceed- A. 12 months pay B. 16 months pay C. 20 months pay D. 24 months pay Answer» c. 20 months pay Note: The above multiple-choice question is for all general and Competitive Exams in India.