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Labour and Social Welfare
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Which of the following statements are true/false?
1. Wage Fund theory was given by Karl Marx.
2. Subsistence theory is based on the population theory of Thomas Malthus.
3. India has ratified 7 out of 8 core ILO conventions.
4. Subsistence theory was given by John Maynard Keynes.

Answer & Solution
Correct Answer: Option C
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