Q-4 (a) What is depression? Discuss the various methods of calculating it
(b) An industrial unit with initial value of Rs. 2,
20,000 and the salvage value of Rs. 14,000 at
the end of 20 years is sold Rs. 1,95,000 at the end of 1 year. What is the profit or loss if sinking fund
depreciation method at 8 % compounded annually was adopted.
Q-5 (a) Write Short notes on
a) The Factory Act 1944
b) Payment of wages Act
c) Workman’s Compensation Act
Q-6 (a) How labour legislation improves the industrial relations.
(b) What are the methods available for resolving disputes in an organizations.