Labour And Social Welfare - Study Mode

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[#596] Socially and psychologically . . . . . . . . and . . . . . . . . Are co-related to each other.

(A) wages, success

(B) salary, wages

(C) fringe benefits, salary

(D) fringe benefits, success

Correct Answer

(A) wages, success

[#597] . . . . . . . . is a situation in a market when the price is such that the quantity that consumers wish to demand in correctly balanced by quantity that firms wish to supply.

(A) Market demand

(B) Market equilibrium

(C) Market supply

(D) None of these

Correct Answer

(B) Market equilibrium

[#598] According to the Payment of Wages Act, 1936, what is the maximum wage period for the payment of wages?

(A) 2 months

(B) 1 month

(C) 3 months

(D) 4 months

Correct Answer

(B) 1 month

[#599] No adult employed below ground in a mine shall be allowed to work for more than . . . . . . . . hours in any day.

(A) 9

(B) 8

(C) 3

(D) 5

Correct Answer

(B) 8

[#600] Which of the following is correct in context of Minimum Wages Act, 1948? 1. The minimum rate of wages will be fixed or revised by the appropriate government in respect of scheduled employment sunder Section 3. 2. Cost of living allowance includes basic wages. 3. The government has the power to appoint an advisory board for the matter of fixing and revising minimum rates of wages. 4. One-third members of the Central Advisory Board will be independent.

(A) 1, 2 and 3

(B) Both 2 and 3

(C) Both 1 and 3

(D) All of the above

Correct Answer

(A) 1, 2 and 3