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Assertion (A) Occupational wage differentials provide an incentive to young persons...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
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Assertion (A) Occupational wage differentials provide an incentive to young persons to incur the costs of training and education and encourage workers to develop skills in anticipation of higher earnings in future.
Reason (R) Occupational wage differentials perform a social function by way of determining the social status of workers.

Answer & Solution
Correct Answer: Option B
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