Which one of the following is NOT the characteristic of Indian Labour Market?
High productivity of labour is not a characteristic of the Indian labour market, which historically faces challenges of low skill levels, underemployment, and low output per…
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Which one of the following is NOT the characteristic of Indian Labour Market?
Answer and explanation
Correct answer C
High productivity of labour is not a characteristic of the Indian labour market, which historically faces challenges of low skill levels, underemployment, and low output per worker. Instead, the Indian labour market is characterized by workforce diversity, lack of perfect geographical and occupational mobility, and monopsonistic conditions in many local and informal sectors.
Practice for these exams
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UGC NET HRM / Labour Welfare and Industrial Relations