61
Under the provisions of the Payment of Bonus Act, 1965, the gross profit derived by an employer from an establishment in respect of any accounting year in case of a banking company shall be calculated in the manner as specified under
A)
First Schedule
B)
Second Schedule
C)
Third Schedule
D)
Fourth Schedule
Answer & Solution
Answer: Option
A
62
Which of the following statements relating to ILO Declaration on Fundamental Principles is not correct?
A)
The declaration was adopted at the 86th Session of the International Labour Conference
B)
The declaration reiterates the binding nature of the ILO's Philadelphia Declaration
C)
The declaration requires compliance of Convention Nos. 88 and 89 even by those countries that have not ratified the same
D)
The declaration requires compliance of convention No. 138 even by those countries that have not ratified the same
Answer & Solution
Answer: Option
C
63
. . . . . . . . refers to a situation where the employee is not satisfied with his job in terms of economics, management, psychology and sociology.
A)
Unemployment
B)
Underemployment
C)
Employment
D)
None of the above
Answer & Solution
Answer: Option
B
64
Which of the following is not a determinant of wage differentials?
A)
Different location of company
B)
Hours of work
C)
Worker's family background
D)
Worker's skills
Answer & Solution
Answer: Option
C
65
The term 'wages', under the Contract Labour (regulation and abolition) Act, 1970, has the same meaning assigned to it under which of the following legislations?
A)
Payment of Wages Act, 1936
B)
Minimum Wages Act, 1948
C)
Industrial Disputes Act, 1947
D)
Industrial Employment (standing orders) Act, 1946
Answer & Solution
Answer: Option
A
66
Which of the following conventions of the ILO has not been ratified by India?
A)
Convention relating to forced labour
B)
Convention relating to freedom of association and right to organise
C)
Convention relating to equal remuneration
D)
Convention relating to discrimination (Employment/Occupation)
Answer & Solution
Answer: Option
C
67
J. B. Clark gave which of the following theory of wages?
A)
The Bargaining Theory
B)
The Marginal Productivity Theory
C)
The Marxian Theory
D)
Residual Claimant Theory
Answer & Solution
Answer: Option
B
68
According to the Payment of Bonus Act, 1965, what is the allocable surplus for any company other than a banking company?
A)
27%
B)
67%
C)
37%
D)
47%
Answer & Solution
Answer: Option
B
69
Who among the following were moderates in the context of Trade Union Movementin India?
A)
B. T. Ranadive and S. V. Deshpande
B)
Diwan Chaman Lall and N. M. Joshi
C)
M. N. Roy and Maniben Kara
D)
H. K. Mehtab and Dattopant Thengadi
Answer & Solution
Answer: Option
B
70
Which of the following is incorrect for ILO's recommendations?
A)
Recommendations can never be autonomous
B)
These are non-binding guidelines
C)
These are drawn up by representatives of governments, employers and workers
D)
These are adopted at the ILO's annual International Labour Conference
Answer & Solution
Answer: Option
A
