LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

BC 20

           B.A. DEGREE EXAMINATION – ECONOMICS

FIFTH SEMESTER – APRIL 2008

EC 5403  (LABOUR ECO. & LABOUR WELFARE)

 

 

 

Date : 07-05-08                  Dept. No.                                       Max. : 100 Marks

Time : 1:00 – 4:00

 

 

Part –A                                               (5 x 4 = 20 marks)

 

Answer any FIVE questions in about 75 words each.

1. List out the characteristics of labour.
2. What is meant by Arbitration and Adjudication?
3. Mention the theories of wages.
4. What are the factors affecting real wages?
5. Differentiate between strike and lockouts.
6. List out the causes of wage differences.
7. What is meant by Joint Consultations?

 

 

Part –B                                                (4 x 10 = 40 marks)

Answer any FOUR questions in about 300 words each.

8. Explain the Public Provident Fund Act- 1968.
9. Briefly write about the’ Minimum wages act 1948’.
10. Explain the observations of the ‘Royal Commission report’.
11. Write short notes on a) Living wages b) Fair wages c) Minimum wages
12. Summarize the objectives of AITUC.
13. Explain a) Subsistence theory of wages. b) Residual theory of wages.
14. Discuss the Workers participation Management in India.

 

Part – C                                               (2 x 20 = 40 marks)

Answer any TWO questions in about 900 words each.

15. Explain the Payment of Bonus Act- 1965.
16. Elucidate the social security measures in India?
17. Explain the causes of Industrial disputes. Suggest suitable measures to solve it.
18. Explain the various problems faced by the trade unions and give suggestions to solve

them.

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