July 2016 - Paper3

56:   Which of the following is not provided under the Factories Act, 1948 ?
A.
The certificate of fitness is granted by a certifying surgeon on the application of any young person or a parent or a guardian.
B.
An adolescent who has not been granted a certificate of fitness shall be deemed to be a child for the purpose of the act.
C.
The certificate of fitness granted or renewed remains valid for a period of six months from the date of issue.
D.
Any fee payable for the certificate of fitness shall be paid by occupier and not by the young person or his parent or guardian.
 
 

Option: C

Explanation :

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57:  

Arrange the following steps of developing Behaviourally Anchored Rating Scales (BARS) in the right sequence :
(a) Developing performance dimensions
(b) Generate critical incidents
(c) Scale the incidents
(d) Reallocate the incidents
(e) Develop the final instrument

A.

(a), (b), (c), (d), (e)

B.

(b), (a), (d), (c), (e)

C.

(a), (b), (d), (c), (e)

D.

(a), (c), (b), (d), (e)

 
 

Option: B

Explanation :

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58:  

Within how much period from the close of accounting year, bonus must be paid, if there is no dispute about the payment of bonus ?

A.

Two months

B.
Six months
 
C.
 Eight months 
D.

Ten months

 
 

Option: C

Explanation :

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59:  

Which of the following statements is correct about Wage Boards in India ?
(a) A Wage Board is a tripartite body.
(b) Labour and management representatives on a Wage Board can be selected from industries other than the one which is investigated.
(c) Wage Boards are always statutory in nature.
(d) Wage Boards work on the principle of living wage.

A.

(a) only

B.

(b) and (c)

C.

(c) and (d)

D.

(a), (b), (c) and (d)

 
 

Option: A

Explanation :

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60:   Who gave the surplus value theory of wage ?
A.

David Ricardo

B.

Karl Marx

C.

Adam Smith

D.

F.A. Walker

 
 

Option: B

Explanation :

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