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Current Affairs January 2024

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The employees provident fund act is applicable to

A. All industries

B. All industries other than small and medium industries

C. Volunteers

D. The industries notified by Government

Correct Answer :

D. The industries notified by Government


Related Questions

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Which of the following organisation is preferred in automobile industry?

A. Functional organisation

B. Line organisation

C. Staff organisation

D. Line and staff organisations

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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

A. Rowan Plan

B. Taylor Differential Piece rate system

C. Halsey Premium plan

D. Day work plan

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Which one of the following techniques is used for determining allowances in time study?

A. Acceptance sampling

B. Linear regression

C. Performance rating

D. Work sampling

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ABC analysis deals with

A. Analysis of process chart

B. Flow of material

C. Ordering schedule of job

D. Controlling inventory costs money

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PERT is

A. An analytic tool in concept

B. Limit up of event oriented diagrams

C. Used for research and development projects

D. All of the above

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Acceptance sampling is used in

A. Job production

B. Batch production

C. Mass production

D. All of these

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Routing assists engineers in deciding in advance

A. The flow of material in the plant

B. The methods of proper utilization of manpower

C. The methods of proper utilization of machines

D. The layout of factory facilities

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A dummy activity in a net work diagram

A. Is represented by a dotted line

B. Is an artificial activity

C. Does not consume time or resources

D. All of these

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If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

A. TR

B. TR + [(S - T)/2] × R

C. TR + (S - T) × R

D. TR + [(S - T)/S] × R

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A low unit cost can be obtained by following

A. Product layout

B. Functional layout

C. Automatic material handling equipment

D. Specialisation of operation

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PERT stands for

A. Programme Estimation and Reporting Technique

B. Process Estimation and Review Technique

C. Programme Evaluation and Review Technique

D. Planning Estimation and Resulting Technique

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Production cost refers to prime cost plus

A. Factory overheads

B. Factory and administration overheads

C. Factory, administration and sales overheads

D. Factory, administration, sales overheads and profit

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The allowed time for a job equals standard time plus

A. Policy allowance

B. Interference allowance

C. Process allowance

D. Learning allowance

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In breakeven analysis, total cost consists of

A. Fixed cost

B. Variable cost

C. Fixed cost + variable cost

D. Fixed cost + variable cost + overheads

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Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

A. Halsey plan

B. Gantt plan

C. Rowan plan

D. Emerson's efficiency plan

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In the Halsey 50-50 plan, the following are rewarded more

A. Past good workers

B. Past poor workers

C. Past average workers

D. All of the above

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For a product layout the material handling equipment must

A. Have full flexibility

B. Employ conveyor belts, trucks, tractors etc.

C. Be a general purpose type

D. Be designed as special purpose for a particular application

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Micro motion study is

A. Analysis of a man-work method by using a motion picture camera with a timing device in the field of view

B. Motion study observed on enhanced time intervals

C. Motion study of a sequence of operations conducted systematically

D. Study of man and machine conducted simultaneously

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CPM is the

A. Time oriented technique

B. Event oriented technique

C. Activity oriented technique

D. Target oriented technique

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PMTP (predetermined motion time systems) include

A. MTM (method time measurement)

B. WFS (work factor systems)

C. BNTS (basic motion time study)

D. All of the above

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Bin card is used in

A. Administrative wing

B. Workshop

C. Foundry shop

D. Stores

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In steel plant the most important system for materials handling is

A. Conveyors

B. Cranes and hoists

C. Trucks

D. Locos

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In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

A. 50 %

B. 66.67 %

C. 75 %

D. 80 %

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Inventory control in production, planning and control aims at

A. Achieving optimisation

B. Ensuring against market fluctuations

C. Acceptable customer service at low capital investment in inventory

D. Discounts allowed in bulk purchase

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Standing orders which are statutory are applicable to

A. All industries

B. All process industries and thermal power plants

C. Only major industries

D. All industries employing more than 100 workers

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The grouping of activities into organisational units is called

A. Corporate plans

B. Higher level management

C. Functional authority

D. Departmentation

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The salient feature of functional organisation is

A. Strict adherence to specification

B. Separation of planning and design part

C. Each individual maintains functional efficiency

D. All of the above

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Job enrichment technique is applied to

A. Reduce labour monotony

B. Overcome boring and de-motivating work

C. Make people happy

D. All of the above

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The most important objective behind plant layout is

A. Overall simplification, safety of integration

B. Economy in space

C. Maximum travel time in plant

D. To provide conveniently located shops

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Halsey plan of wage incentive

A. Is not applied to all level of workers

B. Is applied to all level of workers

C. Does not guarantee minimum wage

D. Is based upon efficiency of worker