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If the government hires the unemployed persons and pays them the same amount they were receiving as an unemployment allowance, and engages them in any form of economic activity (even if it is digging and filling pits), the payments become part of government expenditure on wages. In national income accounting, government expenditure on goods and services, including wages paid to employees, is counted as part of GDP. Therefore, hiring the unemployed persons and paying them for their labor will increase the government expenditure component of GDP.
“Theory of Industrial Democracy” was propounded by?
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Which among the following Institutions is regulator of “Urban infrastructure development fund”?
Diamond and graphite are :
Consider the following in regards to Goldman Environmental Prize:
1.An esteemed award that acknowledges the efforts of six activists from six con...
Which of the following statement is/are incorrect about “Sukanya Samriddhi Yojana”?
I. Sukanya Samriddhi Account can be ope...
Which of the following best describes switching in computer networking?
The HCF of two numbers is 7 and their LCM is 434. If one of the numbers is 14, find the other.
A decision made by an Industrial Tribunal or National Industrial Tribunal that settles a dispute or a related issue. It can be either an interim or fina...
Consider the following statements:
1. The 1st Constitutional Amendment Act, 1951 added the Ninth Schedule
2. 1st constitutional amendme...