New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the provision for lay-offs, retrenchment, and

    closure without government permission in the new industrial relation code?
    A Firms with up to 100 workers can go ahead with lay-offs, retrenchment and closure without government permission Correct Answer Incorrect Answer
    B Firms with up to 200 workers can go ahead with lay-offs, retrenchment and closure without government permission Correct Answer Incorrect Answer
    C Firms with up to 300 workers can go ahead with lay-offs, retrenchment and closure without government permission Correct Answer Incorrect Answer
    D Firms with up to 400 workers can go ahead with lay-offs, retrenchment and closure without government permission Correct Answer Incorrect Answer

    Solution

    Firms with up to 300 workers can go ahead with lay-offs, retrenchment and closure without government permission. The new industrial relation code would also improve the ease of doing business by allowing firms with up to 300 workers to go ahead with lay-offs, retrenchment and closure without government permission.

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