Labour Law 2 Quiz

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

25 days

30 days

20 days

35 days

#2. 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 20%.

Accounting for up to 10%

Accounting for up to 15%

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

public pension program

government retirement plan

senior citizen support scheme

social security assistance.

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

Schedule –IV

Schedule V

Schedule II

Schedule III

#5. POWA wage limit is

₹15000

₹12000

₹10000

₹24000

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

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

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

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

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

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

2%

5%

3%

1%

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

employee welfare fund

Available surplus

employee provident fund

employee pension fund

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

GP-Additional charges (Gross Profit – Additional Charges)

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

GP-Bonus charges (Gross Profit – Bonus Charges)

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

20000

18000

21000

25000

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

Fair wages.

Equal wages.

Decent wages.

Just wages.

#12. How many schedules are there in ECA?

4 Schedule

5 Schedule

3 Schedule

6 Schedule

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

No.

Not sure.

Yes.

Maybe.

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

₹6000 or minimum wages prescribed by the government

₹7500 or minimum wages prescribed by the government

₹8000 or minimum wages prescribed by the government

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

#15. The wage period shall not exceed more

than one month

15 days

2 months

3 months

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

Social Assurance or Assistance.

State Welfare or Aid.

Public Aid or Assistance.

Governmental Support or Relief.

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

₹18000

₹20000

₹15000.

₹12000

Labour Law 2 Quiz

Results

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

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

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

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

#5. POWA wage limit is

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

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

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

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

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

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

#12. How many schedules are there in ECA?

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

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

#15. The wage period shall not exceed more

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

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

Responses

Results

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

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

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

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

#5. POWA wage limit is

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

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

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

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

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

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

#12. How many schedules are there in ECA?

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

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

#15. The wage period shall not exceed more

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

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

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