Arrange the following unions in a chronological order, on the basis of the years of their establishment in USA, starting from the oldest.
1. Intemational Brotherhood of Electrical Workers, USA.
2. United Auto Workers, USA.
3. Transport Workers Union of America.
Which of the following statements are true/false?
1. Piece rate system is easy to calculate the wages under this method as it provides certainty of the amount of wage payment to the employee.
2. In time wage system, there is fixed wage because the wages are dependent on the units of pieces produced.
3. Time wage system is based on the fact that the workers are paid on the basis of amount of time they spend on the doing the particular job.
4. Piece rate system is based on the fact that workers are paid the wages on the basis of quantity and quality of work performed by them.
Which of the following committees/commissions has observed that "Labour welfare, by its very nature must necessarily be elastic; bearing a some what different interpretation in one country from another, according to the different social customs, the degree of industrialisation and the educational development of the worker''?
. . . . . . . . is a situation in a market when the price is such that the quantity that consumers wish to demand in correctly balanced by quantity that firms wish to supply.
