New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Match the following labour concept with their

    explanation:
    A A-b B-d C-a D-d Correct Answer Incorrect Answer
    B A-b B-c C-d D-a Correct Answer Incorrect Answer
    C A-c B-d C-e D-a Correct Answer Incorrect Answer
    D A-c B-a C-d D-b Correct Answer Incorrect Answer

    Solution

    Explanation: Concept – Theory

    • Commodity concept of labour - Labour is affected by demand and supply
    • Machinery Concept of Labour - Labour is regarded as an operating organisation in the industry
    • Goodwill Concept of Labour - Management has a paternalistic approach towards labour
    • Citizenship concept of Labour - Labour has the right to be consulted in regards to T&C in which they are supposed to work

    Practice Next

    Relevant for Exams: