Which of the following statements are correct?
1. Social Insurance is a unilateral obligation which is financed wholly or for a very large measures from the government's funds.
2. The labour welfare measures can substitute for wages.
3. The Placating theory is based on the fact that employees are becoming militant in nature.
4. According to trusteeship theory, the employer establishes an enterprise in trust for the benefit of people.
A. All are correct
B. Only 1 and 2 are correct
C. Only 2 and 4 are correct
D. Only 3 and 4 are correct
Answer: Option D
Related Questions on 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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