21
According to the Payment of Bonus Act, 1965, what is the allocable surplus for a banking company?
A)
20%
B)
60%
C)
30%
D)
40%
Answer & Solution
Answer: Option
B
22
. . . . . . . . was established in 1971 as a result of split in the All India Trade Union Congress (AITUC).
A)
CITU
B)
HMS
C)
ILO
D)
None of these
Answer & Solution
Answer: Option
A
23
Which of the following is incorrect according to ILO's definition of labour welfare?
A)
These amenities may be established only inside the establishment
B)
The facilities enable the persons employed in them to perform their work in healthy surroundings
C)
The services should be conducive to good health and high morale of the employees
D)
The employees must be provided healthy and congenial surroundings
Answer & Solution
Answer: Option
A
24
Assertion (A) The 'hard boiled' business man's approach is that 'labour' is an inevitable nuisance constancy asking for more.Reason (R) Unlike West, in India it was hardly realised that labour is important for the social and economic processes of an egalitarian society.
A)
(A) is false if considered by its basic philosophy and (R) validate (A)
B)
(A) is true, but (R) is false
C)
Both (A) and (R) are false
D)
(A) is true, but (R) does not validate (A)
Answer & Solution
Answer: Option
C
25
Banking company has been defined under which section of Banking Companies Act, 1949?
A)
2
B)
3
C)
4
D)
5
Answer & Solution
Answer: Option
D
26
The Factories Act, 1948 came into force with effect from
A)
1st April, 1949
B)
1st January, 1948
C)
1st August, 1948
D)
1st October, 1948
Answer & Solution
Answer: Option
A
27
According to the Child Labour (prohibition and regulation) Act, 1986, what is the maximum duration for which a child will work in a day?
A)
10 hours
B)
7 hours
C)
6 hours
D)
8 hours
Answer & Solution
Answer: Option
C
28
What is the time period within which any fine imposed on any employee shall be recovered from the day on which it was imposed?
A)
150 days
B)
90 days
C)
100 days
D)
120 days
Answer & Solution
Answer: Option
B
29
. . . . . . . . unions represent the association of officer and managers.
A)
Employees association
B)
Employers association
C)
Trade union
D)
None of the above
Answer & Solution
Answer: Option
B
30
Which of the following types of trade unions groups the worker's unions horizontally, vertically or on the basis of political ideology with a view to coordinating them?
A)
Territorial Unions
B)
Occupational Unions
C)
Industrial Unions
D)
General Unions
Answer & Solution
Answer: Option
A
