Human Resources and Management
Important Questions and Answers
B.Com (Minor Paper) - National Education Policy
1. What is Human Resource Management (HRM)?
HRM is the strategic approach to managing people in an organization. It involves recruitment, training,
performance management, compensation, and ensuring employee well-being.
2. What are the main functions of HRM?
The main functions of HRM include:
- Recruitment and Selection
- Training and Development
- Performance Management
- Compensation and Benefits
- Employee Relations
- HR Planning
3. Explain the Recruitment and Selection process.
Recruitment involves attracting potential candidates, while selection is the process of choosing the right
candidate through interviews, tests, and background checks.
4. Why is Training and Development important?
Training improves employees' skills and knowledge, leading to better performance, job satisfaction, and
organizational growth.
5. What is Performance Appraisal?
Performance Appraisal is the evaluation of an employee's job performance against predefined criteria.
Methods include 360-degree feedback, self-appraisal, and management reviews.
6. Define Compensation and its types.
Compensation is the financial and non-financial rewards employees receive. Types include:
- Direct: Salary, wages, bonuses
- Indirect: Health benefits, retirement plans, perks
7. What are Industrial Relations and Labor Laws?
Industrial Relations focus on the relationship between employers and employees. Labor laws regulate wages,
working conditions, and dispute resolution.
8. How does HRM align with the National Education Policy (NEP)?
NEP emphasizes skill development, employee training, and education-driven HRM strategies. HR plays a
role in upskilling employees and implementing policies for professional growth.
