Question : Golden Handshake scheme is associated with
Option 1: inviting foreign companies
Option 2: private investment in public enterprises
Option 3: establishing joint enterprises
Option 4: voluntary retirement
Correct Answer: voluntary retirement
Solution : Correct Answer is voluntary retirement
Non-executives occasionally receive a Golden Handshake as a bonus. Golden handshakes include severance pay in the event that an employee leaves their job early without consent. Cash, stock options, or any other acceptable form of payment is permitted under the terms of the contract. Given that the payout to top executives is lower, the "golden handshake" scheme is also known as the "silver handshake."
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