Labour And Social Welfare - Study Mode

[#761] According to the Payment of Bonus Act, 1965, what is the minimum bonus that needs to be paid to every employee?
Correct Answer

(A) 8.33% of the salary or wages earned by the employee during the accounting year

[#762] . . . . . . . . are legally binding international treaties that may be ratified by member states.
Correct Answer

(D) Conventions

[#763] Which of the following statements are correct? 1. Labour welfare is a total concept and a coordinated approach promotes the overall development of the employeeat the personal and professional fronts. 2. An industry is expected to work for the workers. 3. In social assurance, both the employers and employee contribute to this fund. 4. Social assistance is helpful to maintain the minimum standard of living by the workers.
Correct Answer

(A) Only 1, 2 and 3 are correct

[#764] The matter related to the fixation of minimum wages was taken up by the . . . . . . . . and the . . . . . . . . in 1943.
Correct Answer

(B) SLL and ILC

[#765] Which of the following statements relating to Labour Legislation is not true?
Correct Answer

(A) It seeks to regulate the balance of power in the relationship between the employers and the government