INDUSTRIAL RELATIONS
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 66 rapid-fire Q&A cards.
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.
What is a 'collective bargaining agreement' in the context of bank employees?
A collective bargaining agreement is a negotiated contract between bank management and recognized trade unions specifying wages, working conditions, service terms, and other employment conditions.
What is 'gherao' as a form of industrial action?
Workers physically encircle managers or owners to press their demands.
What are the major trade unions representing bank employees in India?
Major trade unions include AIBEA (All India Bank Employees Association), AIBOA, BEFI, INBEF, and NOBW, which negotiate wage settlements through bipartite processes.
What is the notice period required before a public utility service employees can go on strike?
Six weeks' advance notice is mandatory before a strike.
Video classes for this chapter
More chapters in Module D - Emerging Scenario in HRM
Master the full HRM syllabus
Every chapter of Human Resources Management (Elective) — videos, tests, notes and one-liner decks in one place.