

McqMate
Q. |
'Golden Handshake Scheme' is associated with - |
A. | inviting foreign companies |
B. | private investment in public enterprises |
C. | establishing joint enterprises |
D. | voluntary retirement |
Answer» D. voluntary retirement | |
Explanation: The voluntary retirement scheme (VRS) is the most humane technique to provide overall reduction in the existing strength of the employees. It is a technique used by companiesfor trimming the workforce employed in the industrial unit. It is also known as 'Golden Handshake' as it is the golden route to retrenchment. |
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