This is a real-world medical entrance exam question, please give the true answer based on the question and selection. Topic name: None, Subject name: Social & Preventive Medicine
What is the propoion of daily rate wages payable as periodic cash pay ment under sickness Benefit of ESI Act - 
Select and explain. 
A. 5-12 of the average monthly wages, B. 7/12 of the basic monthly wages, C. 8/12 of the averate daily wages, D. 10/12 of the average daily wages
B: 7/12 of the basic monthly wages
Answer: B: 7/12 of the basic monthly wages 
Explanation: Ans. is `b' i.e., 7/12 of the basic monthly wages