12th Class Economics Poverty Question Bank MCQs - Poverty

  • question_answer
    Wage policy of India is based on ...... .

    A) standard of living

    B) productivity

    C) cost of living

    D) None of these

    Correct Answer: C

    Solution :

    Cost of living is the amount of money needed to sustain a certain level of living and should be a living wage which considers the requirements of food, clothing, shelter, protection against ill health and protection against misfortunes.


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