D:-Section 11
Correct Answer:- Option-B

Question4:-According to the payment of bonus Act 1965, which of the following
statements is/are correct?

(i) Every employee shall be entitled to be paid by has employer in an accounting
year, bonus provided he has worked in the establishement for not less than fifty
working days in a that year

(11) An employee shall be disqualified from receiving bonus if he is dismissed from
services for fraud, theft, etc

(iii) A minimum bonus which shall be 8.33% of the salary or wage earned by the
employee during the accounting year or one hundred rupees, which ever is higher
should be paid by employer

(iv) Section 14 of the Act deals with computation of Number of working days

A:-(i), (ii)

B:-(iii), (iv)

C:-(ii), (iii), (iv)

D:-All of the above
Correct Answer:- Option-C

Question5:-As per payment of Gratuity Act 1972, Gratuity shall be payable to an
employee on the termination of his enployment after he has rendered continuous
service for not less than

A:-5 years

B:-3 years

C:-10 years

D:-7 years

Correct Answer:- Option-A

Question6:-When does provident fund of full accumulation with interest thereon
can't be refunded , under the employees provident fund and miscellaneous
provision Act 1952

A:-Permanent disability
B:-Purchasing a dwelling house
C:-Superannuation

D:-Event of death

Correct Answer:- Option-B

Question7:-Where a company is not in a position to redeem its preference shares,
it may issue further redeemable preference shares with consent of holder's of

A:-75% in value of such preference shares
B:-10% in value of such preference shares
C:-100% in value of such preference shares
D:-51% in value of such preference shares