Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
India consolidated multiple labour laws into four broad codes—on wages, industrial relations, social security, and occupational safety—aiming to simplify compliance. The objective is to boost job creation, reduce informality, and ensure welfare benefits. Yet some fear erosion of workers’ bargaining power if layoffs become easier. In exams, highlight the challenge of effectively implementing codes across diverse states and how skill-building plus social security expansions can complement these reforms in raising productivity.
What is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat is “CRR” in banking terminology?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat is the primary role of the Securities and Exchange Board of India (SEBI)?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhich of the following is NOT a function of the World Trade Organization (WTO)?
View QuestionWhich of the following is a direct tax?
View QuestionWhich of the following statements best defines Gross Domestic Product (GDP)?
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