SEAT No. C43] rit ages > Sardar Patel University _ Nov of Printed Pages : 92. MSW (HR) III Semester Examination Subjects PAOSESHR2G6Wage And Salary Administration Day, Date & Time: Monday, 04/01/2021, 2.00 to4.00 pm: Total 70 Marks Multiple Choice questions. Attempt all the questions. 08, marks ‘Wages Fund Theory was developed by. ‘a. Adam Smith b, Karl Marx ©. John Davldson 4. David Ricardo Which of the following is direct compensation’? a. Leave Policy D. Salaries © Insurance 4. Holiday Homes Salary is pald to collar employees, 2. Black b. White Blue Gres Which external factor is influencing employee compensati a, Ability to Pay b. Business Strategy ©. Job Evaluation Labor Market Net pay is ealeulated by subtracting deductions from the a. Gross pay b. crc BRA 4 Basie According to the Minimum Wage Act, 1948 establishment in which more than 1000 persons areemployed must be paid wage before expiry of ___daysof subsequent month a 10 b. 20 30 a. 60 In which plan/scheme bonus paid (0 a worker is equal to 50% of time saved multiplied by rate per hour? 4. Rowan Plan b. Barth Seh & Bedawx Plan 4. Halsey Plan employee has worked for atleast __days in thataccounting year shal he eligible for onus. is b. 30 «48 4 60 Page 1 of 2 @ToQ2 Long Questions. (Any Two) 1, Explain in detail types and theorles of wage. 2. Give brief overview of various laws related (o wage. 3. Elaborate different kinds of wage incentives plans. 4 Define Compensation and explain in detail factors influencing compensation. Q2 Write Short Notes. (Any Two) 1. Concept of Wages 2. Types of compensation management 3. Pay roll management 4. Bonus Page 2 of 2 marks 2 marks 2 Marks Marks u Marks un Marks u Marks