In India,the Minimum Wages Act of 1948 Generally Applies to Which

question 36

Multiple Choice

In India,the Minimum Wages Act of 1948 generally applies to which of the following?

• A)occupations that are largely nonunionized or have little bargaining power
• B)occupations that are largely unionized or have little bargaining power
• C)employees who work in the private sector
• D)employees who work in the public sector

Understand the definition and calculation of risk premium in the investment context.

Grasp the concept of diversification and how it impacts risk management in portfolios.

Recognize the importance of considering the probability of various economic scenarios in the expected return of a portfolio.

Distinguish between systematic and unsystematic risks, including examples and their significance in portfolio management.

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Definitions:

Seamounts

Underwater mountains formed by volcanic activity, which rise from the ocean floor but do not reach the surface.

Island Chains

Groups of islands formed close to one another, often as a result of volcanic activity along oceanic ridges or subduction zones.

Continental Drift

A theory that explains the gradual movement of continents across the earth's surface through geological time.

Glacial Deposits

Materials left behind by glaciers as they advance and retreat, including rocks, sediments, and debris.