The 'occupational safety, health and working conditions code' was passed in which year? MCQ with Answer and Explanation

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The 'occupational safety, health and working conditions code' was passed in which year?

A. 2020

B. 2019

C. 2021

D. 2022

Answer: Option A

Solution (By JKSSB Mock Tests)

The OSH Code was passed in 2020.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Personal Income' of a country includes:

A. only indirect taxes

B. corporate profits retained

C. only wages

D. transfer payments and factor incomes received by households

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Correct Answer: Option D

Explanation:
Personal income includes all incomes received by households, including transfer payments.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is NOT a type of market structure based on the number of sellers?

A. Monopsony as a seller-based classification

B. Oligopoly (few sellers)

C. Monopoly (one seller)

D. Duopoly (two sellers)

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Correct Answer: Option A

Explanation:
Monopsony refers to a market with a single buyer. Market structures based on the number of sellers are monopoly, duopoly, oligopoly and perfect competition (many sellers).

This question belongs to: Economy GK Economy Set 1

Question #3

The four labour codes in India consolidate how many existing central labour laws?

A. 29

B. 100

C. 44

D. 10

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Correct Answer: Option A

Explanation:
The four labour codes consolidate 29 central labour laws.

This question belongs to: Economy GK Economy Set 1

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