Multiple choice

Under Section 2(oo) of the Industrial Dispute Act, 1947, termination of the services of a workman by the employer for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but not including voluntary retirement; or super-annuation; or non-renewal of contract of employment; or termination of services on the ground of continued ill-health is known as

  1. settlement

  2. retirement

  3. suspension

  4. retrenchment

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 2(oo) of the Industrial Dispute Act, 1947 defines retrenchment as the termination of the services of a workman by the employer for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but not including voluntary retirement; or super-annuation; or non-renewal of contract of employment; or termination of services on the ground of continued ill-health.