Fundamentals of Human Resource Management

Ans: D; Why: The 4 classical objectives are Societal-Organisational-Functional-Personal; profit maximisation is the firm's goal, not HR's direct goal.

Ans: B; Why: Operative = P-D-C-I-M: Procurement, Development, Compensation, Integration, Maintenance.

Ans: B; Why: Chester Barnard, in The Functions of the Executive (1938), framed the social-systems theory.

Ans: C; Why: Infosys has shown HR valuation in its Annual Report using the Lev & Schwartz model since the mid-1990s.

Ans: D; Why: Standing Orders Act is subsumed into the IR Code, 2020. The 4th Code is OSH, 2020.

Ans: B; Why: A Data Fiduciary determines the purpose and means of processing personal data. Employer = Fiduciary; Employee = Data Principal.

Ans: D; Why: Sec. 33 of DPDP Act, 2023 — maximum Rs. 250 crore per instance for serious breach of obligations.

Ans: C; Why: Sec. 5 of Maternity Benefit Act, as amended in 2017 — 26 weeks for first 2 children.