10. The Payment of Bonus Act, 1965

91. Section 2 (1) of The Payment of Bonus Act, 1965 defines .......
a. Accounting year
b. Allocable Surplus
c. Appropriate Government
d. Available Surplus

92. The term "Agricultural Income" is defined under .........
a. Section 2(3)
b. Section 2 (5)
c. Section 2 (2)
d. Section 2 (4)

93. The Available Surplus is computed under which section of the Act?
a. Section 2
b. Section 3
c. Section 4
d. Section 5

94. "Banking Company" is defined same as under Section 5 of the ................
a. Banks and Financial Institutions Act, 1949
b. Banking Companies Act, 1949
c. Financial Corporations Controlling Act, 1973
d. Reserve Bank of India Regulations Act, 1963

95. Definition of "Company" under the act is same as definition of "Company" under ............ of the Companies Act, 1956.
a. Section 2
b. Section 3
c. Section 4
d. Section 1

96. "Co-operative Society" is defined under ..........
a. Sec 2 (8)
b. Sec 2 (9)
c. Sec 2 (10)
d. Sec 2 (11)

97. A "Corporation" may be a "Company" as per the definition of "Corporation" under the Act.
a. True
b. False

98. The ceiling of wage for the purpose of definition of an "Employee" under section 2 (13) of the Act is Rs. ...........
a. 1600
b. 3500
c. 6500
d. 8500

99. A person is hired for a regular work, but he is required to come part time. Is he an employee as per the definition of "Employee" under the act?
a. Yes
b. No
c. Insufficient Data
d. Cannot be determined

100. When The Payment of Bonus Act, 1965 was enacted the ceiling for Salary and Wages was Rs. ...........
a. 1600
b. 2600
c. 3500
d. 6500

Answers to Labour Laws Questions 10 : 91 A, 92 C, 93 D, 94 B, 95 B, 96 C, 97 B, 98 B, 99 A,100 A.