Multiple choice

'Golden Handshake Scheme' is associated with

  1. inviting foreign companies

  2. private investment in public enterprises

  3. establishing joint enterprises

  4. voluntary retirement

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

The Golden Handshake Scheme refers to voluntary retirement schemes (VRS) where employees are offered attractive financial incentives and benefits to retire early. It's commonly used during organizational restructuring to reduce workforce numbers without layoffs.