Which of the following is not correct about voluntary retirement scheme in public enterprise?
A. It was designed to help enterprises rationalise their surplus manpower
B. Salary for the purpose of VRS consists of basic pay
C. Benefits are in addition to money that has accrued to provident fund
D. Benefit is tax free severance payment
Answer: Option B
This Question Belongs to Management >> Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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