Under the provisions of the Payment of Wages Act, 1936, for which of the following organisations, the Central Government is the appropriate government?
1. Railways and Air Transport
2. Port and Docks
3. Mines and Oilfields
4. Public Sector banks
Consider the following for the definition of principal employer under Inter-state Workmen Regulation Act, 1979.
1. It is the head of that office or department in any department of the government.
2. In a factory, the owner or occupier of the factory and where a person has been named as the manager of the factory under the Factories Act, 1948.
3. In a mine, the owner or agent of the mine and where a person has been named as the manager of the mine.
4. In any other establishment, any person responsible for the supervision and control of the establishment.
Which of the following statements are true/false?
1. Demands for goods is directly proportional to the labour market.
2. Marginal productivity is the addition made to the total production by subtracting one worker from the existing labour force.
3. Demand for labour is dependent on the elasticity of demand for product produced by the labour.
4. At higher wages, the demand for labour will be higher.
Assertion (A) Prior to the formation of International Labour Organisation, most of the legislations governing the working class in India were regressive in nature and aimed at serving the interest of Britishers. Reason (R) India was a British colony.