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Multiple Choice Questions: NPTEL Online Certification Courses Indian Institute of Technology Kharagpur

This document contains 8 multiple choice questions from an NPTEL online certification course from IIT Kharagpur about principles of human resource management. The questions cover topics like fixed vs variable pay, types of compensation plans like egalitarianism and elitism, examples of monetary vs non-monetary rewards, and different compensation models like piece-rate plans and gain sharing. The questions have a single correct answer and reference the slide number from the course material that contains the relevant information.

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Sanjay
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600 views

Multiple Choice Questions: NPTEL Online Certification Courses Indian Institute of Technology Kharagpur

This document contains 8 multiple choice questions from an NPTEL online certification course from IIT Kharagpur about principles of human resource management. The questions cover topics like fixed vs variable pay, types of compensation plans like egalitarianism and elitism, examples of monetary vs non-monetary rewards, and different compensation models like piece-rate plans and gain sharing. The questions have a single correct answer and reference the slide number from the course material that contains the relevant information.

Uploaded by

Sanjay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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NPTEL Online Certification Courses Indian

Institute of Technology Kharagpur

Principles of Human
Resource Management
Assignment- Week 4
TYPE OF QUESTIONS: MCQ
Number of questions: 8 Total marks: 2.5 X 8 = 20

Multiple Choice Questions


QUESTION 1:

Payment of a predetermined compensation on a monthly basis is termed as:


a. Fixed pay
b. Variable pay

Correct Answer: a. Fixed pay

Remarks: Reference: Slide 316

QUESTION 2:

Payment of compensation that fluctuates depending on pre-established criteria such as


performance and company profits is termed as:
a. Fixed pay
b. Variable pay

Correct Answer: b. Variable pay

Remarks: Reference: Slide 316


QUESTION 3:

Establishment of a compensation plan that places most employees under the same
compensation system is known as:
a. Absolutism
b. Egalitarianism
c. Elitism
d. Relativism

Correct Answer: b. Egalitarianism

Remarks: Reference: Slide 316


NPTEL Online Certification Courses Indian
Institute of Technology Kharagpur

QUESTION 4:

Establishment of different plans that are determined by membership in a particular


employee group, is known as:
a. Absolutism
b. Egalitarianism
c. Elitism
d. Relativism

Correct Answer: c. Elitism

Remarks: Reference: Slide 316

QUESTION 5:

Stock options are an example of:


a. Monetary rewards
b. Non-monetary rewards

Correct Answer: a. Monetary rewards

Remarks: Reference: Slide 317

QUESTION 6:

Job security is an example of:


a. Monetary rewards
b. Non-monetary rewards

Correct Answer: b. Non-monetary rewards

Remarks: Reference: Slide 317

NPTEL Online Certification Courses Indian


Institute of Technology Kharagpur
QUESTION 7:

Pay based on units produced, is known as:


a. Piece-rate plan
b. Membership-contingent compensation

Correct Answer: a. Piece-rate plan

Remarks: Reference: Slide 321

QUESTION 8:

A compensation model where incentives are productivity based, and are disbursed
quarterly, is known as:
a. Profit sharing
b. Gain sharing

Correct Answer: b. Gain sharing

Remarks: Reference: Slide 350

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