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EconomyMedium

With which two trade unions were the settlements at UltraTech, Bathinda concluded?

  1. A.BMS and INTUC
  2. B.CITU and AITUC
  3. C.HMS and SEWA
  4. D.INTUC and AITUC

Correct answer

B. CITU and AITUC

Explanation

The correct answer is CITU and AITUC, that is the Centre of Indian Trade Unions and the All India Trade Union Congress. The management of UltraTech at Bathinda signed one Memorandum of Settlement with each of these two unions on 14 October 2026, and together the agreements are expected to deliver benefits of about Rs 3.36 crore to 217 workers over five years. Options A, C and D are wrong because they name central trade union organisations that were not party to these particular settlements, even though they are well known bodies in the Indian trade union movement. Candidates should link the two unions with the plant, the date of signing, the money value and the number of workers, and should also remember that the settlements were reached through conciliation by the Assistant Labour Commissioner (Central) stationed at Jalandhar.

Read the full article: Rs 3.36 Crore Settlement for 217 UltraTech Bathinda Workers

Q2.EconomyEasy

Under which ministry does the Chief Labour Commissioner (Central) function?

  1. A.Ministry of Labour and Employment
  2. B.Ministry of Corporate Affairs
  3. C.Ministry of Skill Development and Entrepreneurship
  4. D.Ministry of Heavy Industries
Show answer
Correct answer: A. Ministry of Labour and Employment

The office of the Chief Labour Commissioner (Central) works under this ministry, and the Assistant Labour Commissioner (Central) at Jalandhar, whose conciliation produced the settlements at UltraTech, Bathinda, functions under that office.

Q5.EconomyEasy

Which body recommends the Minimum Support Prices announced by the Union Government?

  1. A.NITI Aayog
  2. B.Food Corporation of India
  3. C.Commission for Agricultural Costs and Prices
  4. D.National Agricultural Cooperative Marketing Federation
Show answer
Correct answer: C. Commission for Agricultural Costs and Prices

Minimum Support Prices are declared every year for 22 mandated crops on the recommendations of this commission, which also takes into account the views of state governments and central ministries and departments.