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‘Golden Handshake Scheme’ is associated with
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- inviting foreign companies
- private investment in public enterprises
- establishing joint enterprises
- voluntary retirement
- inviting foreign companies
Correct Option: D
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 companies for trimming the workforce employed in the industrial unit. It is also known as ‘Golden Handshake’ as it is the golden route to retrenchment.
