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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
As you checked the Answer Key to Question 6 in the Mastery Check from this lesson you may have noted that each year's net cash flows are calculated by adding depreciation back to n
Q. Is Conservatism an investment strategy? Conservatism - An investment strategy aimed at long-term capital appreciation with low risk; moderate; cautious; opposite of aggressi
Demand and Supply Shocks The influence of the above macroeconomic factors on the economic performance can be analyzed by classifying their impact on the economy as a supply or
Define the term- Profitability maximisation Profitability maximisation would imply that a firm must be guided in financial decision making by one test; select projects, assets
How can we measure a company's cost of capital in emerging nations, especially when there is no state bond which we could take as a reference? Although there is no state bond w
a) Gross profit shows the difference between a firm's sales revenues and its direct cost of sales (COGS). Net profit, however, is calculated after deducting overheads (expenses) fr
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(a) The position of an agency that sells a callable coupon bond. We supposed that coupon bond has a maturity of 3 years and is callable only at the second year. (b) The market t
Bonds are usually recognized by yields, which change from time to time owing to many market forces. There exists an inverse relationship between the bond price and the
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