M.A. (Semester III) (CBCS) Examination, 2017
ECONOMICS (PAPER IX)
LABOUR ECONOMICS
Day Date: Saturday, 06-05-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
N.B. All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Rewrite the following sentences by choosing the correct
alternatives from those given below:
14
Demand for labour depends upon
Marginal productivity value of labour Labour Cost
Technical progress All
When a worker moves for employment from one place to
another, it is called
Occupational mobility Geographical mobility
International efficiency Labour efficiency
Disguised unemployment is found in
Industrial Service
Agricultural International trade
obstacle in mobility of labour.
Poverty Lack of transportation facility
Illiteracy All
objective of rationalization.
Securing maximum efficiency of labour
Wastage of raw material
Induce unnecessary transport
Increase prices of goods
the determinant of labour force.
Working population Government restrictions
Disguised unemployment None of these
The royal commission recommended for the
recruitment of the workers.
direct recruitment mediators
contractors trade unions
The demand for labour is
direct derived democratic developed
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SLR-P 139
Cyclical unemployment is a feature of ___economy.
socialistic capitalistic
developing less developed
10) According to wages fund theory, increase in labour supply
results in
increase in wage rate reduction in wage rate
increase in demand for labour increase in labour supply
11) The residual claimant theory of wages was propounded by
F. A. Walker J. S. Mill
J. B. Say Alfred Marshall
12) Minimum wages leads to .
increase in standard of living increase in poverty
increase in inequality decrease in efficiency
13) The payment of Bonus Act passed in
1955 1965
1975 1985
14) The Minimum Wages Act passed in
1925 1935
1948 1962
Q.2 Write short answer. [Any seven] 14
What is supply of labour?
Define labour force participation rate.
What is productivity of labour?
What is employment?
Define rationalization.
What is modernization?
State the meaning of wages.
Define poverty.
What is bonus?
10) Define fair wage.
Q. 3 Write short notes. (Any two) 14
Imperfections in labour market
Relationship between employment and development.
Causes of educated unemployment.
Concept of minimum wages.
Q.4 Take a brief review of labour market reforms. 14
OR
Discuss various methods of recruitment of labour.
Q.5 State and explain the causes of poverty in India. 14