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Which of the following states that “a socialist society is built not solely on monetary incentives, but…

India's Second Five-Year Plan (1956–1961), which aimed at establishing a 'socialistic pattern of society', explicitly stated in its chapter on Labour Policy and Industrial…

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Which of the following states that “a socialist society is built not solely on monetary incentives, but on ideas of service to society and willingness on the part of the latter to recognize such service ?”

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India's Second Five-Year Plan (1956–1961), which aimed at establishing a 'socialistic pattern of society', explicitly stated in its chapter on Labour Policy and Industrial Relations that 'a socialist society is built up not solely on monetary incentives, but on ideas of service to society and the willingness on the part of the latter to recognize such service.'

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  • UGC NET HRM / Labour Welfare and Industrial Relations

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