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 term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhat is meant by “stagflation”?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhich of the following is considered a public good?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhich organization publishes the Human Development Index (HDI)?
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