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Question 1 Sections 42 to 50 of the Act deal with provisions pertaining to welfare of workers. State a few welfare measures that you would suggest in factories. List the welfare measures.
Question 2 The Industrial Dispute Act restricts strikes and lock outs by workman and employer respectively in certain organisation connected with public utility services. What are the provisions available to prohibit strike and Lockout in public utility organisations?
Question 3 Mr. X, an employee of a factory joins after a year of suspension. (Break is condoned and he has been allowed to resume employment) Whether Gratuity is payable in this case.
Question 4 Consider an employee who is employed under a detective agency. Will this employee be entitled to a minimum wage?
Question 5 Can an apprentice be considered as a workman under the Apprentices Act, 1961? Who is an apprentice and explain the need for contract of apprenticeship?
Question 7 Bonus is not a deferred wage. This was observed by the learned court in Mukund Iron & Steel Works Ltd., Vs Workmen (1950). The same was observed in Lever Bros (India) Ltd., Vs Employees (1950). The purpose of payment of bonus is to bridge the gulf between wages paid and wages ideal to current living conditions. Define the terms as used in the Payment of Bonus Act, 1965.
a. Minimum Bonus, b. Maximum Bonus
GENERAL FUNCTIONS Several functions of financial management currently range from planning of funds to distribution of earnings and also are extend beyond. Some of the well-kn
What is trustworthy collateral from the lenders' perspective?Explain whether accounts receivable and inventory are trustworthy collateral. Assets that are readily marketable of
Define the meaning of procurement Term procurement was used in a broad sense so as to include the whole gamut of raising funds externally.
solution to assignement
Employee Benefit Plan - Compensation arrangement, usually in writing, used by employers in addition to wages or salary. Some plans like group term life insurance, medical insuranc
What are the benefits of "collecting early" and how do companies attempt to do this? A fund has time value.The sooner money is collected the better. Companies utilize regional
Assume there exists a nontradable asset with a perfect positive correlation along with a portfolio T of tradable assets. How will the nontradable asset be priced? The nontradable
The syringe management program tries to educate society by increasing the capacity and quantity of the syringe disposable centers , providing timely responses to all syringe compla
Suppose the supply curve for a good is totally inelastic. If the government imposed a price ceiling below the market-clearing level, would a deadweight loss result? Explain.
The financial institutions that originate the loans sell a pool of cashflow-producing assets to a specially created third party that is called a
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