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प्रश्न
The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.
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उत्तर
The reasons for the low efficiency of labour in India are:
- Hot and Enervating Climate - India is a sub-tropical country and its climate is hot and enervating. It reduces the workers' capacity for hard and continuous work for long hours. This is the most important natural cause of low efficiency of labour in India.
- Uncongenial Factory Environment - Many factories in India have poor and unhygienic working conditions. The facilities of canteen (i.e., low-cost meals), recreation and relaxation are not provided. This creates an uncongenial environment and affects the productivity of workers.
- Inefficient Management - The managers and organisers usually lack in originality, initiation, planning and creative thinking. Moreover, they are not interested in understanding the industrial psychology, but they are more interested in the exploitation of workers. This attitude ultimately leads to the reduction in overall productivity of the workers.
संबंधित प्रश्न
Primary factors are
Derived factors are ______ and ______.
What are the factors of production?
Entrepreneurship is otherwise called ______.
______ are called factors of production.
Use of high yielding variety of seeds of related to productivity of ______.
The reward of an entrepreneur is in the nature of ______.
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
Mention two differences between an entrepreneur and other factors of production.
What do you mean by 'innovative ability' of an entrepreneur?
Explain complex division of labour with the help of an example.
Define capital.
Explain any three characteristics of capital.
What do you understand by the term 'Capital formation'?
Explain any three factors which affect capital formation.
What do you understand by ‘changing pattern of land use’?
Identify the factors of production of the following case and differentiate between them.
An active and passive factor of production.
Match the following and select the correct option.
| Factor of Production | Reward of factor of production | ||
| (i) | Land | (A) | Wage |
| (ii) | Labour | (B) | Profit |
| (iii) | Capital | (C) | Rent |
| (iv) | Entrepreneur | (D) | Interest |
All factors of production are equally mobile.
Match the following:
| Column I | Column II |
| 1. Factors of production | P. Human resources |
| 2. Land | Q. Man-made resources |
| 3. Capital | R. Economic resources |
| 4. Entrepreneur | S. Natural resources |
Choose the correct alternative:
Match the following:
| Factor of Production | Characteristic |
| A. Land | (i) Subject to depreciation |
| B. Mannual labour | (ii) Risk and Bearing |
| C. Capital | (iii) Permanent |
| D. Entrepreneur | (iv) Involves physical work |
Choose the correct alternative:
Why is capital called a 'produced means of Production?
Which statement best represents "Capital" in production?
Who is called an "Entrepreneur" in the factors of production?
