Please enter the following details
In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.
Statement:
(I) Wages are determined by minimum wage legislation in each country.
(II) Increase in wage rate is the sign of growth in an economy.
Conclusions:
(I) Average wage rate signifies the wealth of a country.
(II) Minimum wage legislation does not account wage imbalances.
Increase in Average wage rate increases the wage rate which is the sign of the growth of the country. So Average wage rate signifies the wealth of the country. Hence Conclusion I follows the given statements.
Wages are determined by minimum wage legislation in each country but it doesn't mean that minimum wage legislation does not account wage imbalances. There maybe wage imbalances which is not a proper conclusion from given statement. Hence Conclusion II do not follow the given statements.
Hence, the correct answer is Option D
Video Solution
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
