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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.

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. Correct Answer 2, 4 are true and 1, 3 are false

Related Questions

Which of the following statements are true/false?
1. The ILO Declaration on Fundamental Principles and Rights at Work was passed in the year 1994.
2. The ILO Declaration on Social Justice for a Fair Globalisation was signed in 2008 by the representatives of governments, employers and workers from all ILO member States.
3. India has ratified 7 out of 8 core ILO conventions.
4. Social Justice is based on the fact that the workers can claim their share of wealth which they have helped to generate.
Which of the following statements are true/false?
1. Fair wage is above the minimum wage but below the living wage.
2. Living wage is the highest amount of wage proposed by the government.
3. Different states have fixed different minimum wages based on the skill set of the employees.
4. Fair wage works on the formula Equal Pay for Equal work.
Which of the following statements is correct about Wage Boards in India?
1. A Wage Board is a tripartite body.
2. Labour and management representatives on a Wage Board can be selected from industries other than the one which is investigated.
3. Wage Boards are always statutory in nature.
4. Wage Boards work on the principle of living wage.
In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement: (I) Wages are determined by minimum wage legislation in each country. (II) Increase in wage rate is the sign of growth in an economy. Conclusions: (I) Average wage rate signifies the wealth of a country. (II) Minimum wage legislation does not account wage imbalances.
In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even ifthey seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement:
(I) Wages are determined by minimum wage legislation in each country.
(II) Increase in wage rate is the sign of growth in an economy. Conclusions:
(I) Average wage rate signifies the wealth of a country.
(II) Minimum wage legislation does not account wage imbalances.
Ram wage is 40% more than Krishna wage and Mohan wage is 62.5% of sum of Ram & Krishna wage then find Mohan wage is what % of Ram wage.
Who proposed heredity rules? A. Thomas Robert Malthus B. John Maynard keynes C. Gregor Mendel D. Donald Baer
Which of the following statements are true/false?
1. There are eight fundamental conventions of ILO.
2. There are four governance conventions of ILO.
3. The Minimum Age Convention of ILO is No. 87 and was ratified by India in 2019.
4. There are seven conventions that are classified as priority instruments.
Which of the following statements are true/false?
1. India ratified ILO's four fundamental conventions in 2017.
2. International Labour Conference meets twice a year in New York.
3. Recommendations of ILO are non-binding guidelines for the member countries.
4. The objectives of ILO are enumerated in the Declaration of Philadelphia.
Which of the following statements are true/false?
1. The Equal Remuneration Convention, 1951 is a fundamental convention of ILO.
2. Conventions are legally binding international treaties that may be ratified by member states.
3. Right to Organise and Collective Bargaining Convention, 1949 is a fundamental convention of ILO.
4. Labour Inspection Convention, 1947 is a governance convention of ILO.