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INDUSTRIAL RELATIONS
What is the primary objective of Industrial Relations in the banking sector?
The primary objective is to maintain harmonious relations between employers and employees, ensuring smooth functioning of banking operations and industrial peace.
What is the definition of 'industrial dispute' under the Industrial Disputes Act, 1947?
Any dispute between employers and employees regarding employment conditions.
Which legislation governs the settlement of industrial disputes in India?
The Industrial Disputes Act, 1947 governs the settlement of industrial disputes in India, providing mechanisms for investigation and resolution of disputes.
What is the main function of a 'Conciliation Officer' under the Industrial Disputes Act?
To mediate and promote settlement between disputing parties.
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