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MCQs

Total Questions : 60 | Page 3 of 6 pages
Question 21. To form a valid contract, there should be atleast .............
  1.    Two parties
  2.    Three parties
  3.    Four parties
  4.    Five parties.
 Discuss Question
Answer: Option A. -> Two parties


Question 22. Contractual rights and duties are created by ...............
  1.    State
  2.    Statute
  3.    Parties
  4.    Custom or Usage.
 Discuss Question
Answer: Option C. -> Parties


Question 23. Agreement is defined by the section ............... of the Indian Contract Act, 1872.
  1.    Section 2(c)
  2.    Section 2(e)
  3.    Section 2(g)
  4.    Section 2(i)
 Discuss Question
Answer: Option B. -> Section 2(e)


Question 24. Which of the following labour legislations is implemented only by the Central Implementation Machinery?
  1.    Trade Unions Act
  2.    Maternity Benefit Act
  3.    Industrial Disputes Act
  4.    Employees’ State Insurance Act
 Discuss Question
Answer: Option D. -> Employees’ State Insurance Act


Question 25. Under Section 2(12) the Act is applicable to non-seasonal factories employing---------- persons
  1.    10 or more
  2.    25 or more
  3.    20 or more
  4.    5 or more
 Discuss Question
Answer: Option A. -> 10 or more


Question 26. Employees’ Deposit Linked Insurance Scheme was introduced in the year
  1.    1976
  2.    1961
  3.    1923
  4.    1948
 Discuss Question
Answer: Option A. -> 1976


Question 27. The Payment of Gratuity Act was introduced in the year
  1.    1961
  2.    1923
  3.    1972
  4.    1976
 Discuss Question
Answer: Option C. -> 1972


Question 28. The Maternity Benefit Act was introduced in the year
  1.    1961
  2.    1923
  3.    1976
  4.    1948
 Discuss Question
Answer: Option A. -> 1961


Question 29. Which of the following benefits is covered under social security schemes?
  1.    Medical facilities
  2.    Retirement benefits
  3.    Compensation facilities
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above


Question 30. Making peace with employees by fulfilling all their needs without any resistance is the essence of the
  1.    Appeasement theory
  2.    Policing theory
  3.    Benevolence theory
  4.    Religious theory
 Discuss Question
Answer: Option A. -> Appeasement theory


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