The amount deducted from the salary of workers towards employees provident fund is
Credited into reserves of company
Deposited in nationalised bank
Deposited in post office
Deposited in the account of worker with Provident Fund Commissioner
Correct Answer :
D. Deposited in the account of worker with Provident Fund Commissioner
Related Questions
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
In fixed position layout
Total production cost is less
Material movement is less
Capital investment is minimum
All of these
Product layout is employed for
Batch production
Continuous production
Effective utilization of machine
All of the above
PERT stands for
Programme Estimation and Reporting Technique
Process Estimation and Review Technique
Programme Evaluation and Review Technique
Planning Estimation and Resulting Technique
In the perpetual inventory control, the material is checked when it reaches its
Minimum value
Maximum value
Average value
Alarming value
The process layout is best suited where
Specialisation exists
Machines are arranged according to sequence of operation
Few number of non-standardised units is to be produced
Mass production is envisaged
PERT
Provides an approach for keeping planning up-to-date
Provides a way for management to require that planning be done on a uniform and logical basis
Permits management to foresee quickly the impact of variations from the plan
All of the above
Pick up the incorrect statement about advantages of work sampling
Permits a fine breakdown of activities and delays
Simultaneous study of many operators may be made by a single observer
Calculations are easier, method is economical and less time consuming
No time measuring devices are generally needed
In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches
50 %
66.67 %
75 %
80 %
In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if
Complete details of items in, waiting line are known
Arrival and waiting times are known and can be grouped to form a waiting line model
All variables and constants are known and form a linear equation
The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known
Which of the following type of layout is suitable for automobile manufacturing concern?
Product layout
Process layout
Fixed position layout
Combination layout
Dummy activities are used to
Determine the critical path
Determine the project completion time
Maintain the required net work
None of these
Process layout is employed
Where low volume of production is required
Where similar jobs are manufactured on similar machines
Where machines are arranged on functional basis
All of the above
The product layout
Lowers overall manufacturing time
Requires less space for placing machines
Utilises machine and labour better
All of these
Slack of various events on the critical path in PERT/CPM chart
Increases continuously
Decreases continuously
Remain constant
May increase or decrease depending on various factors
Halsey plan of wage incentive
Is not applied to all level of workers
Is applied to all level of workers
Does not guarantee minimum wage
Is based upon efficiency of worker
In PERT analysis, critical path is obtained by joining events having
+ve slack
-ve slack
Zero slack
Dummy activities
Pick up the incorrect statement from the following. A critical ratio scheduling
Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
None of the above
In jobbing production
Highly skilled workers are needed
Unit costs are high
Operations are labour-intensive
All of these
Time study is carried out to determine the time required to complete job by
A slow worker
A fast worker
An average worker
An apprentice
The routing function in a production system design is concerned with
Manpower utilisation
Quality assurance of the product
Machine utilisation
Optimising material flow through the plant
A milestone chart
Shows the inter dependences of various jobs
Depicts the delay of jobs, if any
Points outgoing ahead of schedule of jobs, if any
None of the above
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
Rowan Plan
Taylor Differential Piece rate system
Halsey Premium plan
Day work plan
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?
Emerson efficiency plan
Taylor plan
Halsey premium plan
Gilbert plan
The average time recorded by work study man for an operation is called
Standard time
Normal time
Representative time
None of these
Job evaluation is the method of determining the
Relative worth of jobs
Skills required by a worker
Contribution of a worker
Contribution of a job
The disadvantage of product layout is
High initial investment for the specialized facilities
Skilled labour to operate machines
Production time is longer, requiring more goods in inventory
High cost of inspection
If E is the duration, ES and EF are die earliest start and finish times, LS and LF are latest start and finish times, then the following relation holds good
EF = ES + D
LS = LFD
LF = LS + D
All of the above
The type of organisation preferred for a steel industry, is
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation