Match List-I with List-II.
| List-I | List-II |
| (A) Status | (I) Shares offered at Discounted prices |
| (B) Bonus | (II) Confirmation letter |
| (C) Job security | (III) Ranking of positions in an organisation |
| (D) Co-partnership | (IV) Incentive offered above wages and salaries |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A)-(III), (B)-(IV), (C)-(II), (D)-(I)
(A) Status — This matches (III) Ranking of positions in an organisation. In the organisational context, status means ranking of positions in the organisation.
(B) Bonus — This matches (IV) Incentive offered above wages and salaries. Bonus is an incentive offered over and above the wages/salary.
(C) Job security — This matches (II) Confirmation letter. Employees want their job to be secure, with stable future income and work. A confirmation letter makes an employee’s job permanent, so it gives job security.
(D) Co-partnership — This matches (I) Shares offered at Discounted prices. Under co-partnership/stock option, employees are offered company shares at a set price lower than the market price.
NCERT (2026-27 Edition): “(i) Status: In the organisational context, status means ranking of positions in the organisation. …” “(iii) Bonus: Bonus is an incentive offered over and above the wages/ salary to the employees.” “(vi) Job security: Employees want their job to be secure. They want certain stability about future income and work so that they do not feel worried on these aspects and work with greater zeal. …” “(v) Co-partnership/ Stock option: Under these incentive schemes, employees are offered company shares at a set price which is lower than market price. …” |