Practice Economy Questions and Answers

• Which among the following country is known as the “Home of Collective Bargaining”?
• Under the provisions of the Industrial Disputes Act 1947, the employer of any industry declares lay-off, is required to provide alternate employment to the...
• Which type of union avoids political action and resorts to strikes only when necessary? 
• How long is the maternity leave for those adopting a child below the age of three months or surrogate mothers? 
• Which perspective recognizes the importance of the government in labour-management disputes? 
• According to the Employees’ compensation act, 1923 If the claimed compensation amount is less than Rs. 3000, the appeal can be made to? 
• According to the Trade Union Act 1926, Who needs to sign the notice of dissolution if a Trade Union decides to dissolve? 
• What is the percentage of protected workmen based on the total number of workmen employed in an establishment? 
• In which type of employment, the marginal productivity of labour is zero?
• ____provides a mutually acceptable solution between both the disputing parties and brings about speedy settlement of disputes without resorting to strikes ...
• John Robinson has given the concept of
• In which year of amendment, the list of Unfair Labour Practices was adopted in Industrial Dispute Act 1947?
• Which of the following establishments are covered under the Payment of Gratuity Act, of 1972? 
• What is the principle of subrogation in insurance? 
• According to the Trade Union 1926, What is the minimum number of members in a trade union (1000 workers employed in the establishment) in India?
• Which IS NOT TRUE about FICCI?
• According to the Minimum Wages Act 1948, Under what circumstances can the appropriate government refrain from fixing minimum rates of wages for scheduled e...
• Which of the following are the key actors in industrial relations according to Dunlop's System Theory? 
• Which of the following establishments is/are exempted from the application of EPF and Misc Act 1952?  I.         Establishments registered under t...
• Match the following correctly;
• The principle of indemnity aims to prevent: 
• Under the Minimum Wages act 1948, If a worker in agriculture works more than 9 hours in a day, they are entitled to overtime wages at: 
• Under the Payment of Gratuity Act 1972, When must the employer arrange for the payment of gratuity? 
• Who among the following said “a program of protection provided by Society against the contingencies of modern life sickness, unemployment, old age, depen...
• "ILO Conference No. 87" sometimes seen in the news is related to which of the following?
• For the first time in India, medical benefit as a non-cash benefit was provided under?
• Union Budget 2023-24, Mahila Samman Savings Certificate, new deposit scheme for women will offer a deposit facility upto ___________? 
• Which of the following option is Incorrect about the “ National Savings (Monthly Income Account) Scheme, 2019 ”?
• What is the maximum investment limit in the Senior Citizen Savings Scheme, 2019 after the amendment of the Senior Citizens Savings (Amendment) Scheme, 2023...
• Which of the following statement is/are incorrect about “PRADHAN MANTRI UJJWALA YOJANA (PMUY)” I.         PMUY was launched on May 01, 2016. ...
• Which ministry is responsible for the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM)?
• Which of the following options is incorrect about “Pradhan Mantri Rojgar Protsahan Yojana”?
• Which of the following option is incorrect about “Aatmanirbhar Bharat Rojgar Yojana”?
• What is the main objective of the PENCIL Portal?
• Which ministry is responsible for implementing the Pradhan Mantri YUVA Yojana? 
• When did the Central Plan Scheme for the rehabilitation of bonded labourers start?
• Who among the following Chief Justices of India ordered the constitution of a Special Bench called the 'Social Justice Bench'?
• Which of the following option is incorrect about “PM Swasthya Suraksha Yojana”?
• Who among the following said, "Employee welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and abov...
• This theory of labour welfare is a perspective that emphasizes the role of regulatory mechanisms and enforcement in ensuring labour welfare. It focuses on ...