Engineering :: Business Management
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| 111. |
The state in India which has maximum population is |
| A. |
West Bengal |
B. |
Kerala |
| C. |
Madhya Pradesh |
D. |
Uttar Pradesh |
| E. |
Rajasthan |
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Answer: Option C
Explanation:
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| 112. |
Fringe benefit refer to |
| A. |
Extra remuneration |
B. |
Overtime |
| C. |
Non-wages |
D. |
Extra capital earning |
| E. |
Bonus system |
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Answer: Option C
Explanation:
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| 113. |
In a field you see ten workers harvesting raice with bare hands. The reapers are not unemployed. Then this is a case of |
| A. |
Under production |
B. |
Lack of skill |
| C. |
Labour intensive production |
D. |
Bonded labour system |
| E. |
Disguised unemployment |
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Answer: Option E
Explanation:
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| 114. |
A worker's real wages are determined by |
| A. |
The average daily wage |
B. |
The purchasing power of his earnings |
| C. |
The money value of his production |
D. |
The actual amount paid in lieu of work done |
| E. |
Any of the above |
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Answer: Option C
Explanation:
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| 115. |
Skilled men receive higher wages than unskilled because |
| A. |
The job is more difficult |
B. |
The limited supply of skilled men |
| C. |
the productivity of skilled men is greater than that of unskilled men |
D. |
Skilled men possesses certain attributes which the unskilled men do not and therefore earn economic rent |
| E. |
All of the above |
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Answer: Option E
Explanation:
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| 116. |
Which one of the following will not affect the efficiency of labour? |
| A. |
Education and training |
B. |
Better working conditions |
| C. |
Higher prices for final products |
D. |
Improved medical service |
| E. |
All of the above |
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Answer: Option D
Explanation:
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| 117. |
Which of the following will not happen if trade union forces up the wage bill? |
| A. |
Other things remaining the same firms profit will fall |
B. |
More men will be employed because the higher wages attract them |
| C. |
Prices of the product will soon rise |
D. |
Employers will substitute machines for men where possible |
| E. |
Fewer men will be employed |
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Answer: Option B
Explanation:
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| 118. |
Which Trade Union has affiliation to Congress party |
| A. |
All India Trade Union Congress |
B. |
The Centre of Indian Trade Union |
| C. |
The Indian Nation trade Union Congress |
D. |
The Hind Mazdoor Sabha |
| E. |
None of the above |
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Answer: Option A
Explanation:
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| 119. |
The political party to which Hind Mazdoor Sabah is affiliated is |
| A. |
Janata Party |
B. |
Bhartia Janata Party |
| C. |
Congress (I) |
D. |
Socialist Party |
| E. |
Communist Party |
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Answer: Option D
Explanation:
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| 120. |
Which act provides for lay off and retrenchment compensation? |
| A. |
Minimum Wages Act |
B. |
Workmen's Compensation Act |
| C. |
Employees State Insurance Act |
D. |
Employees Provident Fund Act |
| E. |
Industrial Disputes Act |
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Answer: Option B
Explanation:
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