B.Com. (Financial Management) SEM III 2017 2018 March 2018 BUS. REGULATORY FRAME WORK Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2. Figures to the right indicate full Marks

1. Q3 Write case law or suitable example wherever it is necessary
2. Q1 A Rewrite the following statements and fill in the blanks. (Any Eight) I Strike means by a body of persons. in any industry II Trade Unions include any federation of two.or Ii or members can apply for registration of Trade Union The Societies Registration Act, 1860 apply to Trade Union Vv Penalties for obstructing inspector is imprisonment up to 6 months or fine up to Rupees or both VI the number of workers is more than canteen shall be provided definition of basic wages does not include The payment of wages act does not apply when wages of an employed person IX Payment of Bonus Act is applicable to x An employee who has rendered continuous service of at least five years before termination of employment is entitled to 8 marks
3. Q1 B State whether the following statement are true or false. (Any Seven) I Industrial Dispute Act speaks about prohibition of strike and lockouts Il Court means court of inquiry Notice period for lockout by an employer before locking out is five weeks Aggregate fine for failure to submit return shall not exceed rupees fifty Vv All doors framers should be painted at least once in 5 years act does not apply to seasonal factories VIL. Schedule in the Workmen Compensation Act speaks about Occupational VIN The Provident Fund Act does not apply to Co-operative Societies IX Payment of Bonus Act applies to Whole of India x The term Gratuity is not defined under the Payment of Gratuity Act Define Closure. Explain in detail rules regarding closure. (15) 7 marks
   • B. Explain privileges and powers of registered Trade Union. Explain the provisions regarding health and safety of workers under the Factory (15) Explain obligation on employers and workmen under the Employees (15) Explain in detail the establishment and constitution of corporation with term of (15) office member of the corporation 15
4. Q4 Explain in detail the Employees Provident Fund Scheme. 15 marks
   • Q.P. Code: 30671
5. Q5 A I Explain the remedies for unauthorized deduction or delayed payment of wages. II Explain the mode of determination and payment of gratuity under the Act. (07) 8 marks
6. Q5 B Write a short note on following. (Any Three) I Types of Strike II Objective of Trade Union Objective of Payment of Wages Act Vv Objective of Employees State Insurance Act 15 marks

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