According to the Payment of Wages Act, 1936, in case of a person who is working in any railway factory or industrial or other establishment upon or in which more than one thousand persons are employed, the wages need to be paid by when?
Which of the following statements are true/ false?
1. Every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 9.33% of the salary or wages earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year.
2. Bonus will be paid in cash to the employees.
3. If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer is bound to pay to every employee in respect of that accounting year bonus which shall be an amount in proportion to the salary or wages earned by the employee during the accounting year subject to a maximum of 10% of such salary or wage.
4. Bonus needs to be paid within a period of eight months from the close of the accounting year.
Which of the following historical reasons were responsible for the enactment of the Trade Unions Act?
1. Formation of ILO
2. Emergence of Provincial Governments
3. The strike spearheaded by the Madras Labour Union in Buckingham and Camatic Mills
4. The ascendance of labour party to the British Government as the ruling party
