Labour And Social Welfare - Study Mode
[#391] According to the efficiency wage model, during a recession, firms will not reduce real wages because
Correct Answer
(B) this would reduce worker's effort and productivity
[#392] Which of the following is true for labour legislation and Indian Constitution? 1. Articles 38, 39, 41, 42, 43B, 43C of Chapter-IV are related with labour legislation. 2. Articles 14, 16, 19, 23 and 24 of Chapter III are related with labour legislation. 3. Regulation of labour and safety in mines and oil-fields are item number 55 on the concurrent list. 4. Article 43A of the Indian Constitution deals with participation of workers in management of industries.
Correct Answer
(C) Both 2 and 4
[#393] Which of the following theories state that it is the duty and responsibility of wealthy people to help the underprivileged people?
Correct Answer
(D) Philanthropic theory
[#394] Which among the following is not an objective of labour welfare?
Correct Answer
(A) To further the political interests of employers
[#395] Under the provisions of the Minimum Wages Act, 1948, in matters of fixation and revision of minimum wages, the Central Advisory Board is to advise to which of the following authority?
Correct Answer
(C) The Central Government and State Governments