Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Current Affairs Exam > Current Affairs Questions > Global Wage Report 2020-21: Wages and minimum...

Join the Discussion on the App

Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:

a)
International Labour Organization
b)
World Bank
c)
World Economic Forum
d)
None of the above

Correct answer is option 'A'. Can you explain this answer?

FREE This question is part of

Daily Current Affairs MCQ - March 18, 2021

Attempt Test

Attempt this Test

Verified Answer

Global Wage Report 2020-21: Wages and minimum wages in the time of COV...

The ILO report titled ‘Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19’ was recently released.

The Report inter-alia, comments on various issues including on Indian workers having low average wages, longer hours as well as that the workers in Asia and the Pacific enjoyed the highest real wage growth among all regions over the period 2006–19.
Further, while comparing average wage, the report has taken into account the National Floor Level Minimum Wage which is Rs.176/- per day. However, actual wages are far higher.
If the median of the minimum wages in different states is drawn, it would be Rs.269/- per day in the country.
The Code on Wages, 2019 which has been notified on 8th August, 2019 universalises and creates a statutory right of minimum wages for all workers whether in organized or unorganised sector.
A new concept of statutory floor wage has also been introduced in the Code on Wages.
The Code also provides that the minimum wages are to be ordinarily reviewed and revised by the appropriate Governments in intervals not exceeding five years.

View all questions of this test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for Current Affairs exam

Top Courses for Current AffairsView all

Monthly Yojana & Kurukshetra Magazine (English)

Daily GK & Current Affairs Tests

Daily Hindu Analysis: Video summaries

Top Courses for Current Affairs

View all

Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.

Here you can find the meaning of Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19, recently seen in the news, released by:a)International Labour Organizationb)World Bankc)World Economic Forumd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Current Affairs tests.

Explore Courses for Current Affairs exam