Human Resource Management MCQ

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HRM MCQ question

Question 121 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
in the unfortunate event of death of any employee due to Covid 19, the Bank provides ..... amount as financial assistance/ex-gratia amount to the dependents of such employees
A
Rs. 5 lacs
B
Rs. 10 lacs
C
Rs. 20 lacs
D
Rs. 30 lacs
Question 122 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which two elements make up an Approval Policy? (select 2)
A
If
B
Then
C
How
D
Only (A) & (B)
Question 122 Explanation: 
Approval policy is a configurable entity of request management that helps associate various request types with approval processes defined in the request service only for request-level and operation-level approvals. Approval policies control which approval process is to be invoked based on the request data evaluation.
Question 123 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why human capital is important to organisation?
A
Human is expensive for organisation to replace
B
Human is priceless that organisation couldn't afford
C
Human has the knowledge, skills and capabilities values to organisation
D
None of the above
Question 123 Explanation: 
Human capital is an asset consisting of the knowledge and skills held by a person that can be used by an organization to advance its goals. Human capital is important because some level of human knowledge and skills is necessary in order for an organization to accomplish anything.
Question 124 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Payment to an employee for work performed including wages or salaries, incentives, and benefits.
A
pay
B
income
C
compensation
D
bonus
Question 124 Explanation: 
Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.
Question 125 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Below are the functions of HR management: (Choose all that apply)
A
Employment
B
Orientation
C
Performance Appraisal
D
All of the above
Question 125 Explanation: 
The four basic functions of the HRM are similar to those of any manager – planning, organizing, directing, and controlling.
There are 125 questions to complete.

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