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Weekly Quiz Competition
  • Question 1
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    Section 10 of Payment of Bonus Act deals with __________.
  • Question 2
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    Under Minimum Wages Act, section 18 deals with ___________.
  • Question 3
    1 / -0
    Section 15 of Payment of Bonus Act deals with __________.
  • Question 4
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    Under Minimum Wages Act, section 20 deals with _________.
  • Question 5
    1 / -0
    What is the object of Minimum Wages Act, 1948?
  • Question 6
    1 / -0
    Under Minimum Wages Act, section 9 deals with __________.
  • Question 7
    1 / -0
    Bonus should be paid in _______ and within ________ months from the close of accounting year.
  • Question 8
    1 / -0
    Newly set up establishments are exempted from a liability to pay bonus during the initial period which is _______.
    Solution
    Note: If an establishment is new, then it is exempted to pay bonus for first 5 accounting years but if it starts paying bonus from 3rd accounting year then in the 4th and 5th accounting year it cannot withdraw from giving bonus.
  • Question 9
    1 / -0
    Time limit for payment of bonus is 8 months which may extend upto ________.
  • Question 10
    1 / -0
    An interpersonal process used by two or more parties whereby both or all modify their demands to reach an agreement is called ______________.
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