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Which of the following statement is correct regarding J. S. Mill?
1. State is justified in confirming itself to limited functions
2. Welfare policies are more important.
3. State intervention into 'self-regarding' action.
4. State intervention into 'other regarding action' is justified.
Choose the correct answer:

Which of the following statement is correct regarding J. S. Mill?
1. State is justified in confirming itself to limited functions
2. Welfare policies are more important.
3. State intervention into 'self-regarding' action.
4. State intervention into 'other regarding action' is justified.
Choose the correct answer: Correct Answer 4 only

Related Questions

Read the given statement and courses of action carefully. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. Assuming that the information given in the statement is true, decide which of the given courses of action logically follow(s) from the statement. Statement: Some serious and substantial mistakes were found in the financial account statements of a private limited company. Courses of Action: I: A team of experts should be assigned to find the root cause of the mistakes in the accounts of the private limited company and suggest remedial action II: All the involved employees should be thoroughly investigated.
Which of the following statement(s) on 'labour welfare' is/are not true?
1. Labour welfare work extended to worker's and their families does not come under the areas of Corporate Social Responsibility (CSR).
2. Labour welfare measures cannot be a substitute for wages.
3. It is only employers who are responsible to extend labour welfare.
4. Self-help and empowerment are not goals of labour welfare.
Select the correct answer
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: A shortage of bank branches and ATMs across India’s hinterland is holding back Prime Minister Narendra Modi’s financial inclusion efforts and risks angering rural voters ahead of elections next year. After taking office in 2014, Modi set an ambitious target to open a bank account for every household to ensure welfare funds flow directly to India’s poor, while improving access to credit and insurance programs. He pushed policies that helped bring 310 million people into the formal banking system in just four years, according to the World Bank. Based on the arguments stated below and he information stated above, which of the following arguments state the reason for the problem, ‘But many of India’s villages still lack bank branches or ATMs to help service new customers, while the pace of building new financial infrastructure has actually slowed’.  Arguments: I. Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.  II. With an election due next year, the mismatch between the government’s policies and the rural banking system is generating frustration among a key slice of India’s electorate. III. The banking system struggled to keep up, while some gains proved temporary. Nearly half of Indian bank accounts were inactive in 2017, meaning they weren’t used at all in the previous 12 months
What is/are the following differences between private and public limited companies?
1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company.
2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange.
3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.
A statement is given followed by three courses of actions I, II and III. You have to assume everything in the statement to be true, then decide which of the suggested given courses of action logically follows for pursuing. Statement: PM said in his speech,” Population explosion will cause many problems for our future generations. The center as well as state governments should launch schemes to tackle it. Courses of action:  I. The government can give various types of incentives to the people to adopt birth control measures. II. Legislative actions are required to enforce the policies of the government. III. Awareness campaigns regarding the government policies should be undertaken on a large scale at all social levels.
Statement : In the city, over 75 percent of the people are living in slums and sub-standard houses which is a reflection on the housing and urban development policies of the Government.

Courses of Action :
I. There should be a separate department looking after housing and urban development.
II. The policies in regard to urban housing should be reviewed.
III. The policies regarding rural housing should also be reviewed so that such problems could be avoided in rural areas.
A statement is given followed by three courses of actions I, II and III. You have to assume everything in the statements to be true, then decide which of the suggested given courses of action logically follows for pursuing. Statement: PM said in his speech, "Population explosion will cause many problems for our future generations. The centre as well as state governments should launch schemes to tackle it." Courses of action: I. The government can give various types of incentives to the people to adopt birth control measures. II. Legislative actions are required to enforce the policies of the government. III. Awareness campaigns regarding government policies should be undertaken on a large scale at all social levels.
Labour Welfare Services were divided into two groups by the committee of experts on Welfare Facilities for Industrial Workers convenedby ILO in 1963. These are (i) Those within the precincts of the establishment (ii) Those outside the precincts of the establishment. The content of welfare activities remained the same as recommendedby 1959 study team. As per the ILO classification, which one among the following is not welfare and amenities outside the precincts of the establishment?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Commerce and industry minister Suresh Prabhu will next week review sector-specific strategies to increase India’s exports 20% this year amid an uncertain global trade environment and credit availability. The ministry has identified nine sectors, including gems & jewellery, leather, textiles, agriculture and pharmaceuticals, to drive India’s exports to $400 billion in the next five years. These sectors accounted for $242 billion or 80% of the country’s total exports of $302 billion in 2017-18. Courses of action: I. The minister will review the action plans on October 1. This is in continuation of the series of meetings that he has had with export promotion councils and secretaries of line ministries concerned. II. Besides export promotion councils, the minister will separately meet officials of other departments concerned.  III. Exporters have raised concerns over the slack flow of credit to exporters, high goods and services tax on gold and strict pollution norms for chemicals, besides currency fluctuations, citing these factors as hindrances to export growth. Prabhu recently wrote to finance minister Arun Jaitley, requesting his intervention to improve bank credit flow to the export sector.
The conditions regarding selection from a list of suitable candidates to be called for interview after a written examination for appointment of management-level persons to a multi-national company providing accounting services and sales are mentioned below. Candidates: a) Must have a Bachelor's degree in Basic Science with 65% or more marks or BE with 55% or more marks. b) Must have passed the examination with 70% or more marks. c) Age must be between 25 to 30 years as of 1/4/18. d) Must have 3 years of experience in an Accounting Institution and must have a Diploma in Accounting with 60% or more marks. e) Must be currently getting CTC of Rs. 6 lakh or more per annum. If the candidate: 1) If he fulfills all the other conditions other than A above, he will be designated as Junior Accountant. 2) If he fulfills all the other conditions other than (d) and (e) above, he can be designated as Trainee-Accountant. If he fulfills all the above conditions including 5 years of experience, he can be designated as a Senior Accountant. He can be designated as Manager (Accounts) if he fulfills all the above criteria including educational qualifications of CA/ ICWA/ MBA (Finance). Study all the above information and answer the following question. Varun has passed the CA exam and has a bachelor's degree in basic science and a diploma in accountancy, having scored 75% or more in the written examination during his entire career and also in the written examination. His age is 27 years and with 4 years of experience in Accountancy, he has a CTC salary of 18 lakhs per annum. To which of the following positions can he be referred? Select from the given options.