Labour And Social Welfare - Study Mode
[#446] Assertion (A) Labour welfare is a relative concept. Reason (R) This is so because it is related to time and space.
Correct Answer
(B) Both (A) and (R) are correct and (R) is the correct explanation of (A)
[#447] Which of the following statements are true/ false? 1. With the decrease in wages, the opportunity cost of leisure decreases. 2. An income effect is associated with lower wages. 3. The market demand curve for a particular type of labour is the horizontal summation of the marginal revenue product of labour curves of every firm in the market for that type of labour. 4. The market supply of labour is the number of workers of a particular type and skill level who are willing to supply their labour to firm at different wages.
Correct Answer
(D) 3, 4 are true and 2, 1 are false
[#448] Which of the following is incorrect for ILO's convention?
Correct Answer
(A) The members states are not required to ratify these
[#449] Which of the following statements are true/false? 1. Wages includes remuneration payable under any award or settlement between the parties or order of a court. 2. The employer needs to fix wage period for the payment of wages and this period shall not exceed two months. 3. Wages do not include travelling allowance or the value of any travelling concession. 4. In case of a person who is working in any railway factory or industrial or other establishment upon or in which more than one thousand persons are employed, the wages need to be paid by tenth of that month.
Correct Answer
(B) 1, 3 are true and 2, 4 are false
[#450] Which one of the following is not a fundamental right under the provisions of the constitution of India?
Correct Answer
(D) Just and human condition of work and maternity relief