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Commerce · Q757

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 757

Q757

Which of the following statements is correct about Wage Boards in India? 1. A Wage Board is a tripartite body. 2. Labour and management representatives on a Wage Board can be selected from industries other than the one which is investigated. 3. Wage Boards are always statutory in nature. 4. Wage Boards work on the principle of living wage.

A.
1 only
Answer
B.
2 and 3
C.
3 and 4
D.
1, 2, 3 and 4

Answer: Option A

Solution

Answer: Option A
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