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Questions and Answers
What is the penalty for a person repeating an offense in a factory under the Factories Act?
What is the penalty for a person repeating an offense in a factory under the Factories Act?
- Fine of at least Rs. 10 thousand
- Imprisonment up to 3 years (correct)
- Fine of at least Rs. 10000
- Imprisonment of 2 months
Under the Factories Act, what is the punishment for providing a false fitness certificate?
Under the Factories Act, what is the punishment for providing a false fitness certificate?
- Fine of at least Rs. 10000 (correct)
- Fine and imprisonment or both
- Imprisonment up to 3 years
- Imprisonment of 2 months
According to the Payment of Bonus Act, what is included in the definition of 'wages'?
According to the Payment of Bonus Act, what is included in the definition of 'wages'?
- Dearness allowance (correct)
- Bonus and commission
- House rent allowance
- Overtime
According to the Payment of Bonus Act, which of the following is not included in the definition of 'wage'?
According to the Payment of Bonus Act, which of the following is not included in the definition of 'wage'?
What does 'wage' include according to the Payment of Bonus Act?
What does 'wage' include according to the Payment of Bonus Act?
Study Notes
Minimum Wages Act
- Enacted in Parliament in 1948
- Regulates minimum wages for skilled and unskilled labours
- Aims to ensure a basic standard of living, including good health, dignity, comfort, education, and provision for contingency
- National-level minimum wage is around INR 178 per day and INR 5340 per month
Payment of Bonus Act
- Enacted in 1965
- Bonus is a reward paid to an employee for good work by the organisation
- Objective of bonus is to share profit earned by the organisation amongst employees and staff members
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Description
Test your knowledge of industrial law with this question bank for BA-4105 "Legal Aspects of Business" Part-A Unit 3. This quiz covers topics such as the Minimum Wages Act, skilled and unskilled labor, and living wages. Perfect for students studying industrial law and related subjects.
