Question

The term “Minimum Wage” has been described in:

• A. The Trade Union Act;
• B. The Industrial Dispute Act;
• C. The Minimum Wage Act;
• D. None of the above;

Hint:

The Minimum Wages Act, 1948, ensures that every worker receives at least the minimum remuneration fixed by law.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept of Minimum Wage:
The term “Minimum Wage” is defined in the Minimum Wages Act, 1948. This Act ensures that workers receive wages sufficient to maintain a decent standard of living and prevent exploitation. The law sets minimum wage rates for different categories of employment and regions, which employers cannot pay below.
Step 2: Detailed Explanation of the Options:
- (A) The Trade Union Act: Incorrect, as this Act deals with registration and functioning of trade unions.
- (B) The Industrial Dispute Act: Incorrect, as this Act focuses on the settlement of disputes between employers and employees.
- (C) The Minimum Wage Act: Correct, as this Act defines “Minimum Wage” and regulates the minimum rates of wages in scheduled employments.
- (D) None of the above: Incorrect, since (C) is correct.
Step 3: Final Conclusion:
The correct answer is (C) The Minimum Wage Act, which defines and governs the fixation and payment of minimum wages in India.