Tag: commercial studies

Questions Related to commercial studies

What is meant by the term collective bargaining?

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. A process by which a union negotiates with suppliers for the provision of e.g. office furniture.

  2. A process by which a union negotiates with an employer on behalf of its members on matters concerning the terms and conditions of employment.

  3. A process by which a union recruits new members.

  4. A process by which a union meets with another union to discuss recruitment.

Show answer
Correct Option: B
Explanation:

A process by which a union negotiates with an employer on behalf of its members on matters concerning the terms and conditions of employment. is termed as collective bargaining. Collective bargaining can be defined as the technique by which dispute as to conditions of employment is resolved by agreement rather than coercion.

____ is a process through which unsettled disputes of Trade Union could be got settled by an outside agency.

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. Mutual insurance

  2. Actuary

  3. Arbitration

  4. Political pressures

Show answer
Correct Option: C
Explanation:

Arbitration is a process through which unsettled disputes of Trade Union could be got settled by an outside agency. The unsettled disputes get settled in order to protect the interests of the members of the trade union by an appointed independent body through arbitration.

Which one is not a right of a recognized union?

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. A right of Check-off

  2. To use notice board on the premises of the undertaking

  3. To appear on behalf of the union on domestic inquiry

  4. Inspecting the undertaking

Show answer
Correct Option: A
Explanation:

A right of check-off is not a right of a recognized union. Check-off can be referred as the process of deduction of union dues from the pay-check of theemployer. Therefore, a right of check-off cannot be considered as a right of a recognized union.

On which of the following grounds, an office bearer or executive of the trade union be disqualified?
A. Has been convicted by the court of any offence involving moral turpitude
B. Has not attained the age of 18 years
C. Is not working with any establishment

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. A, B and C

  2. A & C

  3. B & C

  4. A & B

Show answer
Correct Option: D
Explanation:

On the following grounds, an office bearer or executive of the trade union be disqualified:
A. Has been convicted by the court of any offence involving moral turpitude

B. Has not attained the age of 18 years
A person has to be 18 years of age for being a office bearer and he/she must not be convicted by the court of any offence.

Which of the following is not the reason of Trade Unions to demand for higher wages?

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. A higher rate of inflation

  2. An increase in business profits

  3. A fall in real wages of workers

  4. Business getting loss

Show answer
Correct Option: D
Explanation:

Business getting loss is not the reason of Trade Unions to demand for higher wages. Whereas, trade unions can demand for higher wages when there is a higher rate of inflation, an increase in business profits or a fall in real wages of workers. Trade unions are established to uphold the interests of the workers.

Trade union is a by-product of industrial revolution. 

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. True

  2. False

Show answer
Correct Option: A
Explanation:

b'Trade union is a by-product of industrial revolution- this is a true statement. Trade union is created in order to protect the interests of the workers.Trade union is established for the specific purpose of advancing and protecting the interests of its members or workers in their working relationship.

_____ form of trade union tries to improve up other wider issues like tax-reliefs, raising saving rates etc.

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. Classical

  2. Neo-classical

  3. Revolutionary

  4. Any of the above

Show answer
Correct Option: B

A real organised labour moment in India started at the end of ________.

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. great depression

  2. emergency

  3. first world war

  4. second world war

Show answer
Correct Option: C
Explanation:

A real organized labour moment in India started at the end of first world war. The organized labour movement is launched in order to protect the interests of the labour. It also upholds the needs and demands of the workers.

Establishing the rule of working class even through violence and use of force etc is a characteristic of ______ form of trade union.

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. Classical

  2. Neo-classical

  3. Revolutionary

  4. Neo-Revolutionary

Show answer
Correct Option: C

The Indian national trade union congress was formed in _______.

objectives, functions and problems and measures fortrade unions industrial relations, trade unions and social security commercial studies

  1. 1920

  2. 1926

  3. 1947

  4. 1950

Show answer
Correct Option: C
Explanation:

The Indian national trade union congress was formed in 1947. Indian National Trade Union Congress can be referred as the trade union wing of the Indian National Congress. It was formed in order to establish an order of society which is free from hindrance in the way on an all round development of the members of the trade union.