21.
An ideal wage system should fulfil certain characteristics. Which among the following is not a characteristic of an ideal wage system?

23.
Which of the following statements are true/false?
1. Wage Fund theory was given by Karl Marx.
2. Subsistence theory is based on the population theory of Thomas Malthus.
3. India has ratified 7 out of 8 core ILO conventions.
4. Subsistence theory was given by John Maynard Keynes.

25.
In the case of an employee employed in a seasonal establishment, the employer shall pay the gratuity will be paid at what rate?

26.
Which of the following statements relating to the system of collective bargaining in United Kingdom is true?
1. It is covered under the Trade Unions and Labour Relations Act, 1974.
2. It is covered under the Trade Unions and Labour Relations (Consolidation) Act, 1992.
3. It is covered under the Employment Relations Act, 1999.
4. It is not covered under any legislation.

28.
Which of the following is true?
1. The Coal Mines PF Act, 1948 is a social security act.
2. Beedi Workers Welfare Fund Act, 1976 is an employee welfare act.
3. The Shops and Establishments Acts is a regulative act.

29.
Which of the following statement is true in relation to fixation of living wages?