Which of the following formulae is taken for calculating the gratuity for an employees under the Payment of Gratuity Act, 1972?
A. Monthly rate of wages last drawn × 15 × number of years worked ÷ 26
B. Monthly rate of wages last drawn × 26 × number of years worked ÷ 15
C. Monthly rate of wages last drawn × 30 × number of years worked ÷ 26
D. Monthly rate of wages last drawn × 30 × number of years worked ÷ 15
Answer: Option A
This Question Belongs to Management >> Labour And Social Welfare
Labour movement became a vigorous force in India after . . . . . . . .
A. World War I
B. World War II
C. Panipat War I
D. Panipat War II
A. Improvement in working conditions
B. Adequate wages
C. Provision of rest pauses
D. All of the above
Which of the following recommendations were made by National Commissionon Labour in 1969?
A. Intensification by workers education to get good internal leader
B. The idea of one union for one plant
C. The compulsion of registration under the Trade Union Act, 1926
D. All of the above
A. INTUC, AITUC, NFITU
B. AITUC, NFL, BMS, NLO
C. INTUC, AITUC, HMS, UTUC
D. BMS, HMS, CITU, TUCC
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