MAY 2013 P/ID 6007/MBG

Time : Three hours Maximum : 80 marks

PART A (8 5 = 40 marks)

Answer any EIGHT questions.

1. Discuss the rules regarding licensing and

registration of factories.

2. State the rules regarding the notice of accident

and its proper manner.

3. What are the powers and duties of the standing

committee?

4. What are the objects of Industrial Disputes Act?

5. What are the rules regarding change of name of a

trade union?

6. What establishments may be exempted from the

operation of the Employees Provident Funds

Scheme, 1952?

7. What are the deductions can be made under

Payment of Wages Act, 1936?

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8. What are the conditions for the eligibility of

bonus?

9. What are various types of partners?

10. What are the contents available in the

prospectus?

11. What is meant by Caveat Emptor? State its

exceptions.

12. Define contract. What are the essential elements

of a valid contract?

PART B (4 10 = 40 marks)

Answer any FOUR questions.

13. State the provisions of the Factories Act, 1948

with regard to health of the workers.

14. How far is an employer liable for compensation to

a workman injured by an accident arising out of

and in the course of his employment?

15. Discuss the different types of benefits provided by

the Employees State Insurance Act, 1948.

16. Explain and illustrate the rules regarding the

allocable surplus according to Payment of Bonus

Act, 1965.

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17. Give the procedure for fixing and revising

minimum wages.

18. Define the term price. What are the different

modes of determination of price? Are the

stipulations as to time of payment of the essence of

the contract of sale?