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Which of the following is correct in context of Minimum Wages...

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

Which of the following is correct in context of Minimum Wages Act, 1948?
1. The minimum rate of wages will be fixed or revised by the appropriate government in respect of scheduled employment sunder Section 3.
2. Cost of living allowance includes basic wages.
3. The government has the power to appoint an advisory board for the matter of fixing and revising minimum rates of wages.
4. One-third members of the Central Advisory Board will be independent.

Answer & Solution
Correct Answer: Option A
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