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Statutory minimum wage is fixed under _______________.

2 points

Payment of Wages Act, 1936

Equal Remuneration Act, 1976

Workmen’s Compensation Act, 1923

Minimum Wages Act, 1948

Clear selection

Which among all the three wages, minimum wage, fair wage and living wage is the highest kind of wage?

2 points

Fair wage

Minimum wage

Living wage

All of these

Clear selection

Which of the following is not a method for fixing Minimum Wages under the Minimum Wages Act, 1948?

2 points

Notification Method

Committee Method

Bargaining Method

None of the above

Clear selection

As per Payment of Wages Act, if the employment of any employee is terminated his pending wages must be paid in ______ working days from the date of termination

2 points

15 days

2 days

12 days

5 days

Clear selection

________________ is responsible for Fixation of wage Period as per Payment of Wages Act

2 points

HR manager

Manager

Production manager

Trade Union Leader

Clear selection

To provide guidelines for wage structures in the country, a tripartite Committee Viz., "The Committee on Fair Wage" was constituted on -------- .

2 points

1946

1948

1964

1950

Clear selection

In order to protect the minimum wages against inflation, the Central Government has made the provision of Variable Dearness Allowance (VDA) linked to --------- .

2 points

Wholesale Price Index Number for Industrial Workers (WPI – IW)

Consumer Price Index Number for Industrial Workers (CPI – IW)

Consumer Price Index Number for all Urban Consumers (CPI-UC)

Wholesale Price Index Number for all Urban Consumers (WPI-UC)

Clear selection

The Minimum Wages Act, 1948 has

2 points

One schedule covering different types of industries.

One schedule covering different types of industries, shops and establishments.

One schedule covering shops and establishments.

Two schedules covering industrial establishments and agriculture.

Clear selection

The minimum wages as fixed under the Minimum Wages Act, 1948 must be revised at least once in

2 points

2 years

3 years

5 years

No mention under the Act

Clear selection

As per Payment of Wages Act the factories employing less than 1000 employees must pay the wages on or before ___________ day of following wage period

2 points

10th day

2nd day

3rd day

7th day

Clear selection

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