Which of the following statements are true/false?
1. In institutional market, there is free operation of forces of demand and supply.
2. In management market, there is a close relationship between wage setting and allocation of labour.
3. In neo-classical markets, imperfections and inequality exists in the market.
4. Unstructured markets are not regulated by any authority.
A. 1, 2, 3 and 4 are true
B. 2, 3 are true and 2, 4 are false
C. 2, 4 are true and 1, 3 are false
D. 3, 4 are true and 2, 1 are false
Answer: Option A
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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