Match the following.
| List-I | List-II |
| a. Perfect market | 1. Close relationship between the wage setting and the allocation of labour |
| b. The Neo-classical market | 2. Buyers and sellers are free to make an entry or exist any time |
| c. Natural market | 3. Policies of trade unions, employers and the government influence wage movements |
| d. The Institutional market | 4. Imperfections and inequality exists in the market |
| e. The Management market | 5. Workers are innocent and ignorant |
A. a-1, b-2, c-4, d-5, e-3
B. a-1, b-2, c-3, d-4, e-5
C. a-2, b-4, c-5, d-3, e-1
D. a-3, b-2, c-5, d-4, e-1
Answer: Option C
This Question Belongs to Management >> Labour And Social Welfare
Labour movement became a vigorous force in India after . . . . . . . .
A. World War I
B. World War II
C. Panipat War I
D. Panipat War II
A. Improvement in working conditions
B. Adequate wages
C. Provision of rest pauses
D. All of the above
Which of the following recommendations were made by National Commissionon Labour in 1969?
A. Intensification by workers education to get good internal leader
B. The idea of one union for one plant
C. The compulsion of registration under the Trade Union Act, 1926
D. All of the above
A. INTUC, AITUC, NFITU
B. AITUC, NFL, BMS, NLO
C. INTUC, AITUC, HMS, UTUC
D. BMS, HMS, CITU, TUCC
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