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Read the following.<br>Unions demand high wages to counter inflationary pressures on the economic conditions of the working class. Higher wages enhance the purchasing power of the workers, there by raising inflation.<br>Which of the following inferences are wrong?<br>1. Unions have the sole purpose of improving the economic conditions of workers.<br>2. Enhanced wages increase the purchasing power of workers.<br>3. Inflation and purchasing power are negatively correlated.<br>4. Inflation drives unions to go for demanding higher wages.
A
1 and 3
B
2 and 3
C
3 and 4
D
Only 3
Correct Answer:
Only 3
Accept
Reject
Dismiss
Assertion (A) Trade union has the potential to increase inflation.
Reason (R) Unions persistently demand upward revision of wages and there by enhance purchasing power of labour.
A
Both (A) and (R) are right, but (R) does not explain (A)
B
Both (A) and (R) are wrong
C
(A) is right and (R) explains (A)
D
(A) is wrong and (R) is right
A statement is given followed by three inferences numbered I, II, and III. Consider the statement to be true even if it is at variance with commonly known facts. You have to decide which of the inferences, if any, follow from the given statement. Statement: Japan will open up its doors to about two lakh IT professionals from India, and issue green cards to settle down in Japan and support the country's rapidly expanding IT infrastructure, said Shigeki Maeda, Executive Vice President at Japan External Trade Organisation (JETRO), a government body. Inferences: I. There is a dearth of IT professionals in Japan. II. IT professionals from India are way more talented and hardworking than professionals from other countries. III. Japans IT industry is growing by leaps and bounds every year.
A
Both I and II follow
B
Both I and III follow
C
Both II and III follow
D
Only III follows
Which of the following statements are true/false?
1. India predominantly has small trade unions that make them weaker in front of the management.
2. Most of the trade unions are associated with a single ruling political party.
3. The workers have no idea about their rights and lack the basic knowledge and education they must have in order to discharge their duties well.
4. The leaders of trade unions are more focused on delivering the value to their political party instead of working for the welfare of their labourers/workers.
A
1, 3 and 4 are true and 2 is false
B
1, 3 are true and 2, 4 are false
C
2, 4 are true and 1, 3 are false
D
3, 4 are true and 2, 1 are false
A statement is givenfollowed by three inferences numberedI, II, and III. Consider the statement tobe true even if it is at variance withcommonly known facts. You have todecide which of the inferences, if any,follow from the given statement. Statement: Donald Trump began theweek facing accusations of treason overhis embrace of Vladimir Putin and endedit with a middle finger to his many criticsby inviting the Russian autocrat to theWhite House. Inferences: I. America and Russia are not allies.
II. No prior American President has ever
embraced a Russian counterpart.
III. Russian President, Vladimir Putin,
has been a long-time US enemy.
A
Only I can be inferred
B
Both I and II can be inferred
C
Only III can be inferred
D
Both I and II can be inferred
Which of the following statements about the governance of trade unions in India are wrong?
1. Trade unions are primarily member driven.
2. Trade unions are financially self-sufficient.
3. Trade unions are allowed to collect political fund.
4. Trade unions have inter-union rivalry.
Select the correct answer
A
2 and 3
B
2 and 4
C
1 and 2
D
3 and 4
A factory employs skilled workers, unskilled workers and clerks in the proportion 8 : 5 : 1, and the wages of a skilled worker, an unskilled worker and a clerk are in the ratio 5 : 2 : 3. When 20 unskilled workers are employed, the total daily wages of all amount to Rs 318. Total wages paid to each category of workers are
A
Rs 240, Rs 60, Rs 18
B
Rs 200, Rs 90,Rs 28
C
Rs 150, Rs 108, Rs 60
D
Rs 250, Rs 50, Rs 18
Which of the following statements are true/false?
1. The Trade Union Movement was by the workers and labour movement was for the workers.
2. The trade unions are an outcome of industrial relations and work towards raising the status of labours.
3. The organised labour is not the member of any Trade Union but are the members of Employee Provident Fund Organisation (EPFO).
4. Trade Union movement conveys a higher degree of consciousness amongst the workers than conveyed by labour movement.
A
1, 2 are true and 3, 4 are false
B
1, 3 are true and 2, 4 are false
C
2, 4 are true and 1, 3 are false
D
3, 4 are true and 2, 1 are false
Two different companies, X and Y, have the same number of workers. The ratio of the male workers in company X and the male workers in company Y is 2:1 and the ratio of female workers in both company is 4:5.What is the ratio of female workers to the male workers in Company X?
A
1:2
B
2:3
C
3:4
D
1:5
Consider the following with respect to the term 'Core Inflation': A) Core Inflation is the inflation rate of a particular basket of commodities. B) Core Inflation is the sudden increase in prices of certain items of food grains.C) Core inflation is caused by supply shock in certain essential commodities.
A
Only A
B
Only B
C
Only C
D
Only A and B
Which of the following statements are true/false?
1. Blue Collar Unions represent office workers.
2. Provision of rest pauses and adequate wages are intra-mural activities.
3. Qualified Unions have membership of atleast 10 percent of total employees as members in an undertaking.
4. Representative Unions have membership of 25 percent of total employees as members in an undertaking.
A
1, 2 are true and 3, 4 are false
B
1, 3 are true and 2, 4 are false
C
2, 4 are true and 1, 3 are false
D
3, 4 are true and 2, 1 are false