Labour And Social Welfare - Study Mode

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[#351] Bhartiya Mazdoor Sangh was founded on . . . . . . . .

(A) 23 rd July, 1955

(B) 25 th July, 1955

(C) 23 rd August, 1955

(D) 25 th August, 1955

Correct Answer

(A) 23 rd July, 1955

[#352] Match the following. List-I List-II a. Institutional wage theory 1. Wages are determined on demand and supply of labour b. Supply and demand theory 2. Wages determination after having comparison of region and industry c. The marginal productivity theory 3. Wages are set between the upper and lower limit d. The bargaining theory 4. Demand and supply inperfectly competitive market in equal to the marginal revenue productivity

(A) a-2, b-1, c-4, d-3

(B) a-2, b-3, c-4, d-1

(C) a-3, b-1, c-2, d-4

(D) a-4, b-3, c-2, d-1

Correct Answer

(A) a-2, b-1, c-4, d-3

[#353] Match the theories given in List-I with its propounders given in List-II . List-I List-II a. Subsistence theory of wage 1. Walker b. The wage fund theory 2. Karl Marx c. Residual claimant theory 3. Ricardo d. Theory of exploitation 4. J. S. Mill

(A) a-1, b-3, c-2, d-4

(B) a-1, b-4, c-2, d-3

(C) a-3, b-4, c-1, d-2

(D) a-3, b-2, c-1, d-4

Correct Answer

(C) a-3, b-4, c-1, d-2

[#354] Health security, maternity needs, life and accident security, unemployment security, old age security, all these are the dimensions of . . . . . . . .

(A) social welfare

(B) social legislation

(C) social security

(D) none of these

Correct Answer

(C) social security

[#355] Which of the following statement(s) about the 'labour market' is/are true? 1. Like a commodity market, the relationship between a buyer and a seller in a labour market is temporary. 2. There is a diversity of wage rates in a labour market even for similar nature of work. 3. Monopoly in the labour market is extremely rare. 4. Monopsony referring to the buyer's control is more in the labour market.

(A) 2, 3, 4 are true

(B) 1, 2, 4 are true

(C) 1, 3, 4 are true

(D) 1, 2, 3 are true

Correct Answer

(A) 2, 3, 4 are true