'Golden Handshake Scheme' is associated with - (1) inviting foreign companies (2) private investment in public enterprises (3) establishing joint enterprises (4) voluntary retirement

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Answer :

(4) 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 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.

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