CBSE Questions for Class 12 Commerce Business Studies Directing Quiz 9 - MCQExams.com

Which of the given options are correct?
a) Priestman and Scanlon plan provides for individual incentive bonus for increased output
b) Profit sharing is not liked by employees
  • Both (a) and (b) are true
  • (a) is true, but (b) is false
  • Both (a) and (b) false
  • (a) is false, but (b) is true
Priestman plan was first used in _____.
  • 1910
  • 1915
  • 1917
  • 1926
The term fringe benefits came into existence in ________.
  • 1920s
  • 1930s
  • 1940s
  • 1950s
The incentive scheme should be _____.
  • easy to understand
  • simple to operate
  • both (A) and (B)
  • none of the above
Extra benefits in addition to normal wage or salary compensation, paid to employees or provided for the benefit of employees, is referred to as ________.
  • incentive benefits
  • remuneration
  • travelling allowance
  • fringe benefits
Under personal incentive bonus scheme, bonus is paid on the basis of the _______.
  • output volume
  • sales volume
  • profit volume
  • workers' individual performance
Which of the following is a group incentive bonus scheme?
I. Priestman plan
II. Scanlon plan
III. Productive bargaining
IV. Co-partnership
  • I and II are correct
  • II and III are correct
  • I, II and III are correct
  • All are correct
Which of the following are advantages of personal incentive schemes?
I. It helps to increase output
II. It helps to reduce costs
III. It has a healthy effect on the morale and efficiency of workers
IV. If helps to increase costs 
  • III and IV are correct
  • I, II and IV are correct
  • I, II and III are correct
  • All of the above
Group bonus scheme may be suitable where _______.
  • it is not possible to measure the performance of each individual worker
  • the number of workers making a group are not sufficient
  • the workers making a group possess the same or equal skills and abilities
  • all of the above
Whom does the Employees Provident Funds Act applies to?
  • The whole India
  • The whole India except the state of Jammu and Kashmir
  • The whole India Except the Union Territories
  • The whole India except Assam and West Bengal
Which are the benefits introduced voluntarily by management?
  • Health facilities
  • Recreational facilities
  • Provident Fund
  • Both (A) and (B)
Employees Provident Fund Act was passed in _________.
  • 1951
  • 1952
  • 1953
  • 1954
Which of the following options of objectives of fringe benefits is correct?
I. Induce happier employer-employee relationship
II. Generate good morale in the employees
III. Promote employee welfare
IV. The legal requirements
  • II and III are correct
  • I and IV are correct
  • I, II and III are correct
  • All are correct
The benefits those is/are made compulsory by government legislation _________.
  • provident fund
  • gratuity
  • maternity benefit and workmen compensation
  • all of the above
Bonus Commission was appointed under the chairmanship of __________.
  • Mr. M.R. Meher
  • Rowan
  • Emerson
  • L. Mehta
Employees Family Pension Scheme came into force on ________.
  • 1st March 1969
  • 1st March 1970
  • 1st March 1971
  • 1st March 1972
Bonus Commission was appointed in the year ________.
  • 1960
  • 1961
  • 1962
  • 1963
Where does recognition of an Employee fall in Maslow's hierarchy of needs theory?
  • Self-actualisation
  • Security needs
  • Social needs
  • Esteem needs
The Factories Act, 1948, provides that no adult worker can be allowed to work for more than _________.
  • 10 hours per day
  • 5 hours per day
  • 40 hours in any week
  • 48 hours in any week
An Employees Family Pension scheme applies to every employee who becomes ________.
  • a member of the employees provident fund on or after 1 March, 1971
  • a member of the employees provident fund on or after 1 March, 1965
  • a member of the employees provident fund on or after 1 March, 1978
  • a member of the employees provident fund on or after 1 March, 1981
Living wage may be described as _______.
  • a wage which make funds available to the worker for keeping his body and soul together
  • one appropriate for the normal needs of the average employee
  • a wage paid in terms of money
  • the payment made for the services of labour
The Minimum Wages Act was Passed in ________.
  • 1947
  • 1948
  • 1949
  • 1950
The Fair Wages Committee Report was submitted in ________.
  • 1948
  • 1949
  • 1950
  • 1951
The first step in the direction of wage regulation is __________.
  • minimum wages act
  • payment of wages act
  • payment of bonus act
  • the fair wages committee
Payment of wages Act was passed in _______.
  • 1935
  • 1936
  • 1937
  • 1938
A Tripartite committee on fair wages was appointed in _________.
  • 1947
  • 1948
  • 1949
  • 1950
Which of the following Article provides the principle of equal pay for equal work for both men and women?
  • Article 15
  • Article 18
  • Article 29
  • Article 39
Concept used in connection with wage policy ________.
  • minimum wage
  • fair wage
  • living wage
  • all of the above
Payment of Bonus Act was passed in _________.
  • 1961
  • 1963
  • 1965
  • 1970
The minimum wage may be defined as ______.
  • a wage which makes funds available to the workers for his daily life requirements
  • the ideal which would enable the worker to provide a measure of comfort for himself and his family in addition to the essentials of life
  • the payment made for the services of labour
  • a sum of money paid under contract by an employer to a worker for services rendered
Which of the following is a cause of low morale?
  • More accidents
  • Absenteeism
  • Low production
  • All of the above
Uses of morale information __________.
  • understanding the level of morale and ensuring communication
  • creating better feeling in employees and assessing training needs
  • creating morale consciousness
  • all of the above
Who observes that morale is basically a group phenomenon?
  • McFarland
  • Singh
  • Robert M. Guion
  • H.Vroom
Morale is basically a ________.
  • individual phenomenon
  • group phenomenon
  • comprehensive phenomenon
  • labour phenomenon
Morale information may be collected through ________.
  • morale opinion
  • attitude survey
  • market survey
  • morale opinion or attitude survey
The relationship between morale and productivity is ________.
  • positive
  • negative
  • zero
  • none of the above
The productivity is a function of ________.
  • two factors
  • three factors
  • four factors
  • five factors
Morale information may be to ensure ______.
  • downward communication
  • upward communication
  • sideward communication
  • formal communication
Higher the morale, the productivity will be ________.
  • higher
  • lower
  • zero
  • negative
What can morale be measured by?
  • Collecting morale information
  • Collecting market behaviour
  • Investigator
  • Collecting individual behavior
The credit for laying the foundation of the organised labour movement in India goes to _______.
  • N.M. Lokhande
  • V.V. Giri
  • Mahatma Gandhi
  • V.K.R.V. Rao
What does morale denote?
  • The state of mind
  • Attitude of the individual
  • Willingness of the individual
  • All of the above
The main cause of poor industrial relations _______.
  • mental inertia on the part of management and labour
  • indiscipline
  • inter-union rivalries
  • inadequate welfare facilities
What does productivity largely depend upon?
  • Climatic conditions
  • Working conditions
  • Workers morale
  • Workers participation in management
Morale building in the organisation is _________.
  • a continuous process
  • a responsibility of every manager
  • contagious
  • all of the above
What does a morale represent?
  • High degree of confidence
  • Discipline in the workers
  • Severe tiresomeness
  • Both (A) and (B)
Low morale causes ________.
  • reduction in productivity
  • abstenteeism
  • tiresomeness
  • all of the above
Which of the following are the major determinants of morale?
I. Confidence in the purpose of the group
II. Confidence in leadership
III. Confidence in the fellow workers of the group
IV. Confidence in organisational efficiency 
  • III and IV are correct
  • I and IV are correct
  • II, III and IV are correct
  • All of the above
Morale is a/an _______.
  • altitude of satisfaction
  • method of communication
  • office procedure
  • safety precaution
A systematic evaluation of the personality and performance of each employee by his supervisors or some other qualified persons, is known as _________.
  • performance appraisal
  • merit rating
  • morale
  • either (A) or (B)
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