MANAGEMENT (22509) UNIT NO. 5 QUIZ 5

The maximum daily hours of work in a day with normal wage allowed in factories is _______

• 8

• 9

• 10

• 11

Minimum rates of wages may be fixed by _____

• Hour

• Day

• Month

• All of the above

Basic compensations given to employees as salaries or wages are called ______

• Basic pay

• wages

• salary

• variable pay

---------- is the total cash and non-cash payments that you give to an employee in exchange for the work they do for your business.

• Salary

• Compensation

• Payment

• All of the above

In graduated time rates system, if basic salary is Rs.2000 and dearness allowance is 150% then total remuneration will be Rs. -----

• 3000

• 5000

• 2000

• 2150

----- is the maximum wage period for the payment of wages

• 15 days

• 21 days

• 1 day

• 1 month

-------- deductions is not authorized payment of wages act

• Deduction for Fines

• Deduction for payment of Income tax

• Deduction for Payment of insurance

• Deduction for payment of uniform and property

-------- of the wages payable is the maximum limit of fine to be imposed on an employee

• 5%

• 1%

• 3%

• 10%

------- means all remuneration expressed in terms of money

• Salary

• wages

• Incentives

• All of the above

According to the definition of "Week" under the Minimum wage Act, it is a period of 7 days beginning at midnight on______

• Sunday

• Monday

• Friday

• Saturday