a. It lays down minimum wages to be paid to each category of workers
b. It secures workers from exploitation
c. All of the above
d. None of the above
Answer: c. All of the above
7. Who brought in Wage Fund Theory?
a. Peter Hutchinson
b. Adam Smith
c. Carl Mudrof
d. J K Roling
Answer: b. Adam Smith
8. Wage Structure describes wage and salary relationships within a particular ________ .
a. Department
b. Group
c. Organisation
d. Industry
Answer: b. Group
9. What do you call a central repository of data?
a. Data Store
b. Data Warehouse
c. Data Mine
d. None of the above
Answer: b. Data Warehouse
10. Which of the following is not a focus of Wage and Salary programme?
a. Conducting easy performance appraisals
b. Improvising performance of workers
c. Controlling pay costs
d. Establishing individual training requirements
