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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
After determining the expected cash flows and appropriate interest rate, the last step in the valuation process is to find the total PV of all cash flows. The PV
Scope of Financial Management The approach to scope and functions of financial management is divided, forpurposes of exposition, into two broad categories: (a) Traditional A
Q. Objective of the business? Working capital is needed for the following purposes For the purpose of the raw material, components and spares To pay the Wages and the sal
Filer Manufacturing has 8.9 million shares of common stock outstanding. The current share price is $59, and the book value per share is $4. Filer Manufacturing also has two bond is
Bond's potential returns are calculated using measures like Yield to Maturity (YTM) and cash flow yield. Both these measures are not free from s
Q. What are assumptions of Walters dividend model? 1. Constant Return and Cost of Capital: - The Walter' model presume that the firm's rate of return and its cost of capital ar
Profitability Index (PI) : It is a ratio of the present value of the total cash benefits to the present value of the net cash outlay. The higher the PI, the higher the return.
Effect on Stock Valuation Until the 1960s, common stocks were viewed as a good instrument against loss caused by inflation. Also, before 1960, stocks were not providing full he
Difference between mortgage bond and a debenture? A mortgage bond is a secured bond whereas a debenture is an unsecured bond.
Market development A strategy which seeks to sell existing products in new geographical markets or new market segments. A strategy to find new uses for existing products or ser
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