Legislation prohibiting the paying of wages below some specified level is known as

Related MCQs

• Given the money wages, if the price level in an economy increases, then the real wages will -
• An agreement between the owner of a property to grant use of it to another party for a specified period at specified rent payable annually is called:
• Privately owned banks operating cheque current accounts, receiving deposits, taking in and paying out notes and coins and making loans are generally called
• The profits retained in the business and set aside for specified purposes are known as
• When was the Minimum Wages Act enacted in India?
• The Minimum Wages Act was first passed in India in the year:
• A loan bearing either no rate of interest or an interest rate which is below the true cost of capital lent is known as:
• The measure of the total flow of goods and services produced by the economy over a specified time period, normally a year or a quarter is referred to as
• The proportion of a sum of money that is paid over a specified time period in payment for its loan is called:
• The persistent increases in the general level of prices is known as: