🎴 Flashcard Mode
Indian Economy & Development - 2008
Card1 / 23
Mastered0
Review0
QuestionClick to flip
'Golden Handshake Scheme' is associated with
AnswerClick to flip back
A
voluntary retirement
💡 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.