General Studies · Compensation Management
Match the components of Compensation Management in LIST-I with their corresponding definitions or examples in LIST-II based on the organizational framework: LIST-I (Component) A. Basic salary/wages B. Dearness allowance (DA) C. Fringe benefits D. Incentives LIST-II (Definition/Example) I. Remuneration specifically designed to motivate performance. II. The primary fixed remunerative component provided for work. III. Includes facilities like insurance, medical, and retirement benefits. IV. A specific allowance component to adjust for cost of living changes. Choose the correct answer from the options given below:
- 1A-I, B-III, C-II, D-IV
- 2A-II, B-IV, C-III, D-I✓
- 3A-III, B-II, C-IV, D-I
- 4A-IV, B-I, C-II, D-III
Correct answer
A-II, B-IV, C-III, D-I
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