Question
What methods have been mentioned in the Minimum Wages
Act, 1948 for fixation and revision of minimum wages ?Solution
Section 5 of Minimum Wages Act- Procedure for fixing and revising minimum wages .—(1) In fixing minimum rates of wages in respect of any scheduled employment for the first time under this Act or in revising minimum rates of wages so fixed, the appropriate Government shall either— (a) appoint as many committees and sub-committees as it considers necessary to hold enquiries and advise it in respect of such fixation or revision, as the case may be, or (b) by notification in the Official Gazette, publish its proposals for the information of persons likely to be affected thereby and specify a date, not less than two months from the date of the notification, on which the proposals will be taken into consideration
Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle?
Which of the following best describes earned value management?
Which of the following term is a strategy that tries to limit risks in financial assets?
Which of the following gives the recommendations to the government on top-level appointments like full-time Directors, non-Executive Chairman in Public...
What was the estimated total business of State Bank of India (SBI) in FY24?
Who is/are the participants in the derivatives market?
What is the revised maximum credit guarantee cover per borrower under CGSS?
Which of the following is not true about Term Loans?
Shares of Vinay Ltd. And Sagar Ltd. are currently traded at Rs.100 and Rs. 20 respectively. Vinay Ltd is acquiring Sagar Ltd and the market price of bot...
What method is used to calculate the Sensex and Nifty indices in India?