Labour Legislations-Payment of Bonus Act, 1965 (CBSE-NET (UGC) Labour-Welfare or HRM (Paper-II & Paper-III)): Questions 1 - 4 of 4

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Question number: 1

» Labour Legislations » Payment of Bonus Act, 1965

Appeared in Year: 2015

MCQ▾

Question

Under the Payment of Bonus Act, 1965, what is the minimum number of days an employee should have served in a year in the organisation to be entitled for getting bonus? (Dec paper II)

Choices

Choice (4) Response

a.

Thirty days

b.

One hundred and ninety-five days

c.

One hundred and twenty days

d.

Two hundred and forty days

Question number: 2

» Labour Legislations » Payment of Bonus Act, 1965

Appeared in Year: 2015

MCQ▾

Question

Under the payment of Bonus Act, 1965, for a banking company, what percentage of the available surplus shall be taken as the allocable surplus? (Dec Paper II)

Choices

Choice (4) Response

a.

Sixty-seven percent

b.

Fifty percent

c.

Sixty percent

d.

Seventy-five percentage

Question number: 3

» Labour Legislations » Payment of Bonus Act, 1965

Appeared in Year: 2016

MCQ▾

Question

What is the current wage ceiling per month for a person employed on a wage or salary to be considered as an employee under the Payment of Bonus Act, 1965? (June)

Choices

Choice (4) Response

a.

Not exceeding eight thousand rupees

b.

Not exceeding ten thousand rupees.

c.

Not exceeding eighteen thousand rupees

d.

Not exceeding twenty-one thousand rupees

Question number: 4

» Labour Legislations » Payment of Bonus Act, 1965

Appeared in Year: 2016

MCQ▾

Question

An employee working in an organisation draws a salary of rs 20, 000/month. What is the amount of bonus that he shall be paid at the minimum rate of 8.33 % under the payment of bonus Act, 1965?

Choices

Choice (4) Response

a.

7, 000

b.

3, 500

c.

8, 333

d.

20, 000

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