LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

RF 37

B.A.  DEGREE EXAMINATION –ECONOMICS

FIFTH SEMESTER – APRIL 2007

EC 5403 – LABOUR ECO. & LABOUR WELFARE

 

 

Date & Time: 03/05/2007 / 1:00 – 4:00            Dept. No.                                                      Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                      (5 x 4 = 20 marks)

1. Define the term labour.
2. List out the theories of Wages.
3. Distinguish between Strike and Lockout.
4. What do you mean by Bonus?
5. Write about the “Code of Discipline”.
6. Define Collective Bargaining.
7. Write a short note on ‘real wage’ and ‘money wage’.

 

Part – B

 

Answer any FOUR questions in about 300 words each.                  (4 x 10 = 40 marks)

8. What are the main features of Labour Market?
9. Explain the Employees State Insurance Act 1948.
10. What are the objectives of Trade Union?
11. Explain the demand and supply theory of wages with diagrams.
12. What are the reasons for Wage Differentials?
13. Explain the Payment of Bonus Act 1965.
14. What are the objectives of workers participation in management?

 

Part – C

 

Answer any TWO questions in about 900 words each.                    (2 x 20 = 40 marks)

15. Describe the Labour Policy of India.
16. Give detailed suggestions to make Trade Union Movement strong.
17. Elaborate the causes and remedial measures for Industrial Disputes.

Explain the Employees Provident Fund Act 1952.

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