Labour Law 2 Quiz

#1. What is the maximum amount of ALS that can be carried forward to the next year?

Accounting for up to 25%

Accounting for up to 15%

Accounting for up to 10%

Accounting for up to 20%.

#2. What is the wage limit for the purpose of calculating bonus?

₹8000 or minimum wages prescribed by the government

₹6000 or minimum wages prescribed by the government

₹7,000/- or minimum wages prescribed by the government.

₹7500 or minimum wages prescribed by the government

#3. _________ is the gross profit for the year after deducting the expenses referred to in Sec-6.

employee provident fund

employee welfare fund

employee pension fund

Available surplus

#4. The wage period shall not exceed more

2 months

3 months

than one month

15 days

#5. What do we call the measures by the government to aid the poor and needy?

Social Assurance or Assistance.

State Welfare or Aid.

Governmental Support or Relief.

Public Aid or Assistance.

#6. The National Old Age Pension Scheme is an example of

social security assistance.

senior citizen support scheme

government retirement plan

public pension program

#7. POWA wage limit is

₹10000

₹12000

₹15000

₹24000

#8. What is the normal formula for calculating statutory bonus?

GP-Bonus charges (Gross Profit – Bonus Charges)

GP-Additional charges (Gross Profit – Additional Charges)

GP-Prior charges. (Gross Profit – Prior Charges)

#9. What is the minimum number of working days to be eligible for bonus?

25 days

30 days

35 days

20 days

#10. What is the wage limit under the Payment of Bonus Act?

20000

21000

25000

18000

#11. Is the doctrine of Notional extension admissible under ECA?

No.

Yes.

Maybe.

Not sure.

#12. The total amount of fines shall not be more than _______ of the wages payable in a wage period

3%

2%

5%

1%

#13. Full Bench Formula was claimed in which case?

Muir Mills Co. Ltd. V. Suti Mills Labour Union; Kanpur(1955)

Muir Mills Co. Ltd. V. Suti Mills Mazdoor Union; Kanpur(1955)

Muir Mills Co. Ltd. V. Textile Mills Mazdoor Union; Mumbai(1955)

Mughal Mills Co. Ltd. V. Suti Mills Mazdoor Union; Kanpur(1955)

#14. Where is the set on/set off illustrated in _____under the Bonus Act?

Schedule –IV

Schedule II

Schedule V

Schedule III

#15. What is the meaning of living and minimum wages?

Decent wages.

Just wages.

Fair wages.

Equal wages.

#16. What is the wage limit for calculating compensation?

₹18000

₹15000.

₹12000

₹20000

#17. How many schedules are there in ECA?

3 Schedule

5 Schedule

6 Schedule

4 Schedule

Labour Law 2 Quiz

Results

#1. What is the maximum amount of ALS that can be carried forward to the next year?

#2. What is the wage limit for the purpose of calculating bonus?

#3. _________ is the gross profit for the year after deducting the expenses referred to in Sec-6.

#4. The wage period shall not exceed more

#5. What do we call the measures by the government to aid the poor and needy?

#6. The National Old Age Pension Scheme is an example of

#7. POWA wage limit is

#8. What is the normal formula for calculating statutory bonus?

#9. What is the minimum number of working days to be eligible for bonus?

#10. What is the wage limit under the Payment of Bonus Act?

#11. Is the doctrine of Notional extension admissible under ECA?

#12. The total amount of fines shall not be more than _______ of the wages payable in a wage period

#13. Full Bench Formula was claimed in which case?

#14. Where is the set on/set off illustrated in _____under the Bonus Act?

#15. What is the meaning of living and minimum wages?

#16. What is the wage limit for calculating compensation?

#17. How many schedules are there in ECA?

Responses

Results

#1. What is the maximum amount of ALS that can be carried forward to the next year?

#2. What is the wage limit for the purpose of calculating bonus?

#3. _________ is the gross profit for the year after deducting the expenses referred to in Sec-6.

#4. The wage period shall not exceed more

#5. What do we call the measures by the government to aid the poor and needy?

#6. The National Old Age Pension Scheme is an example of

#7. POWA wage limit is

#8. What is the normal formula for calculating statutory bonus?

#9. What is the minimum number of working days to be eligible for bonus?

#10. What is the wage limit under the Payment of Bonus Act?

#11. Is the doctrine of Notional extension admissible under ECA?

#12. The total amount of fines shall not be more than _______ of the wages payable in a wage period

#13. Full Bench Formula was claimed in which case?

#14. Where is the set on/set off illustrated in _____under the Bonus Act?

#15. What is the meaning of living and minimum wages?

#16. What is the wage limit for calculating compensation?

#17. How many schedules are there in ECA?

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