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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
Board should encourage a strong control culture. Manager's bonus must not only be linked to company profits but also linked to internal control procedures being adhered to. There m
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Crown Co. is expecting to receive 100,000 British pounds in one year. Crown expects the spot rate of British pound to be $1.49 in a year, so it decides to avoid exchange rate risk
Illustrate the process of calculating call/ put options yields Issuing corporation will use provision if interest rates fall substantially below coupon rates offered on the se
In US, savings and loan associations constitute the major originating group of the traditional loans. What types of properties can be mortgaged?
fimnancial accounting system
A holder in debt obligation, though does not have any opportunity to share in the economic growth of the firm, is interested in a firm's profitability because it
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