Employee Compensation Regulations Quiz
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According to the Industrial Dispute Act, 1947, what is the definition of a 'Settlement'?

  • A settlement arrived at in the course of conciliation proceeding
  • A settlement arrived at in the course of conciliation proceeding and includes a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding where such agreement has been signed by the parties thereto in such manner as may be prescribed and a copy thereof has been sent to an officer authorised in this behalf by the appropriate Government and the conciliation officer (correct)
  • A written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding
  • A settlement arrived at in the course of conciliation proceeding or a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding
  • What is the definition of 'Award' according to the Industrial Dispute Act, 1947?

  • An interim or a final determination of any industrial dispute or of any question relating thereto by any Labour Court, Industrial Tribunal or National Industrial Tribunal
  • A settlement arrived at in the course of conciliation proceeding and includes a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding where such agreement has been signed by the parties thereto in such manner as may be prescribed and a copy thereof has been sent to an officer authorised in this behalf by the appropriate Government and the conciliation officer
  • An interim or a final determination of any industrial dispute or of any question relating thereto by any Labour Court, Industrial Tribunal or National Industrial Tribunal, and includes an arbitration award made under Section 10-A (correct)
  • An arbitration award made under Section 10-A
  • What is the key difference between an 'Award' and a 'Settlement' according to the Industrial Dispute Act, 1947?

  • An Award is made by a Labour Court, Industrial Tribunal or National Industrial Tribunal, while a Settlement is arrived at in the course of conciliation proceedings
  • An Award is an interim or final determination of an industrial dispute, while a Settlement is a written agreement between the employer and workmen
  • An Award is made by a Labour Court, Industrial Tribunal or National Industrial Tribunal, or is an arbitration award made under Section 10-A, while a Settlement is arrived at in the course of conciliation proceedings or is a written agreement between the employer and workmen (correct)
  • An Award is an interim or final determination of an industrial dispute or any question relating thereto, while a Settlement is a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding
  • What is the meaning of an 'Arbitration Award' under Section 10A?

    <p>An Award as defined under Section 2(b) of the Industrial Dispute Act, 1947</p> Signup and view all the answers

    Which authority makes the 'interim or final determination' referred to in the definition of 'Award'?

    <p>The Labour Court, Industrial Tribunal or National Industrial Tribunal</p> Signup and view all the answers

    What is the first step in the notification method under the Minimum Wages Act?

    <p>Identification of scheduled employments</p> Signup and view all the answers

    Who are the members of the advisory boards or committees that may be consulted before fixing minimum wages?

    <p>Representatives from employers, employees, independent experts, and government officials</p> Signup and view all the answers

    Which government is responsible for determining the minimum wages for scheduled employments?

    <p>The appropriate government, either central or state</p> Signup and view all the answers

    Which of the following factors is NOT considered when determining minimum wages under the Minimum Wages Act?

    <p>Profit margins of employers</p> Signup and view all the answers

    What is the purpose of issuing an official notification under the notification method?

    <p>To specify the minimum rates of wages applicable to the scheduled employment</p> Signup and view all the answers

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