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Consider the following statements for the unstructured labour markets Which of...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
?

Consider the following statements for the unstructured labour markets. Which of the following statement(s) is/are correct?
1. They are the ones where specified rules by any authority have not been formulated.
2. People get the market information through established institutions.
3. It is devoid of any fringe benefits and is basically for the unskilled and semi-skilled workers.

Answer & Solution
Correct Answer: Option D
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