INDUSTRIAL RELATIONS PART A
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
What is the primary objective of Industrial Relations (IR) in an organisation?
The primary objective of IR is to maintain harmonious and productive relationships between employers, employees, and trade unions to ensure smooth functioning of the organisation and prevent industrial disputes.
What is meant by 'industrial peace' in the context of industrial relations?
Harmonious and conflict-free relations between employers and employees.
Which legislation governs trade unions in India?
The Trade Unions Act, 1926 governs the registration, rights, and immunities of trade unions in India, providing them legal recognition and protecting their activities.
What is the minimum number of members required to form a trade union under the Trade Unions Act, 1926?
Seven members are required to register a trade union.
What is a 'lockout' under the Industrial Disputes Act, 1947?
A lockout is the temporary closing of a place of employment or the suspension of work by an employer to compel workers to accept certain terms and conditions of service.
What is a 'wildcat strike' in industrial relations terminology?
An unofficial strike not sanctioned by the trade union leadership.
What does the term 'collective bargaining' mean in the context of IR?
Collective bargaining is a process of negotiation between employers and a group of employees (usually represented by a trade union) to determine working conditions, wages, and other employment terms through mutual agreement.
What does 'closed shop' mean in the context of industrial relations?
Employment restricted only to trade union members.
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