Question
Which of the following is responsible for facilitating
dialogue between employers and employees at the workplace under the Industrial Disputes Act, 1947?Solution
Sol. The Works Committee serves as a platform for dialogue between employers and employees at the workplace. It is created under the Industrial Disputes Act, 1947, to promote cooperation and address issues collaboratively, fostering better relations and minimizing industrial disputes.
The Production Linked Incentive (PLI) 2.0 scheme, emphasized in recent policy cycles, introduced a "Value Addition" criteria. What is the primary object...
The Phillips curve shows the trade-off between ----- and -----?
In two commodity worlds if one good is inferior then the other must be
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearsonโs coefficient of skewness is 0.5, the value of...
What is the supply curve of a firm in Perfect Competition?
The primary deficit in a government budget will be zero, when _______
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
A production function Q = f(K, L) is homogeneous of degree n. Euler's theorem applied to this function states that:
Whenrxy>0,thenbyxandbxyareboth:
...As per the Economic Survey 2025-26, India's Foreign Exchange Reserves as of January 2026 provided an import cover of approximately: