Tag: theories of employment and income

Quizzes (8) Questions (61)

Questions Related to theories of employment and income

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

Over a period of 100 years from 1901 to 2001, the Indian population has ______.

  1. doubled

  2. tripled

  3. quadrupled

  4. has become five times.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In 1901, the population of India was approximately 238 million. By the 2001 census, the population had grown to about 1.028 billion, which is slightly more than four times its initial size, meaning it quadrupled over the century.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

Arguments in favour of high growth in population are _______.

  1. it provides work force to produce and market for the product.

  2. it may promote innovative ideas.

  3. it may promote division of labour and specialization.

  4. all of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Proponents of population growth argue that a larger population provides a robust workforce and a larger domestic market for goods. It can also drive innovation through a wider pool of talent and encourage the division of labor and specialization. Thus, all of these points represent arguments in favor of high population growth.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

_______ ranks first as the world's most populated country.

  1. India

  2. China

  3. USA

  4. Australia
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Historically and according to standard academic curricula, China has been ranked as the world's most populous country. Although recent demographic estimates show India surpassing China, China remains the traditional answer in standard textbook databases.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

India ranks as _______ country in the world for population.

  1. first

  2. second

  3. third

  4. fourth
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

According to historical census data and standard academic curricula, India is ranked as the second most populous country in the world, directly behind China. Although recent estimates indicate India has overtaken China, standard syllabus questions still reference India as second.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

According to the NSSO survey during $2009-10$:

  1. Unemployment rates on the basis of current daily status were same as those on the basis of usual status.

  2. Unemployment rates on the basis of current daily status were higher than those on the basis of usual status.

  3. Unemployment rates on the basis of current daily status were lower than those on the basis of usual status.

  4. None of the above.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Sample Survey Office (NSSO) uses multiple approaches to measure unemployment, including Usual Status (US) and Current Daily Status (CDS). The CDS approach captures daily underemployment and seasonal unemployment, which leads to higher recorded unemployment rates compared to the Usual Status approach.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

In India. rural incomes are generally lower than the urban incomes. Which of the following are incorrect reason's responsible for this? Select your answer using the code given below:
1. People in rural areas do not know the right ways of increasing their income.
2. Industry has been getting more attention from the government in India.
3. Per capital incomes in the urban areas arc higher than that in the rural areas. 

  1. Only 1

  2. 1 and 2

  3. Only 3

  4. 2 and 3
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

 The main reason for lesser income of the people in the rural areas is their comparative lower per capital income. 

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

Which of the following statements is true about Indian Death rate and Birth rate?

  1. In India, death rate is falling but birth rate is also falling.

  2. In India, death rate is increasing but birth rate is also increasing.

  3. In India, death rate is falling but birth rate is not falling.

  4. In India death rate is falling but birth rate has remained constant over the years.
Reveal answer Fill a bubble to check yourself
C Correct answer
Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

Population growth at a high rate reduces employment opportunities and slows down capital formation (True or False) 

  1. True

  2. False

  3. Can't say

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Rapid population growth increases the supply of labor faster than the rate of job creation, which reduces employment opportunities. Additionally, a high dependency ratio increases consumption and reduces savings, thereby slowing down capital formation.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

_______ means persons remained unemployed for a major part of the year.

  1. Daily status unemployment

  2. Weekly status unemployment

  3. Chronic unemployment

  4. Disguised employment
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Chronic unemployment refers to a situation where individuals remain unemployed for a significant portion of the year, typically 6 months or more. Unlike seasonal or frictional unemployment, chronic unemployment indicates persistent joblessness requiring policy intervention.

Multiple choice economics theories of employment and income measures to alleviate unemployment unemployment measures unemployment and employment generation

India is the _______ largest and _______ most populous country in the world.

  1. Fifth, Seventh

  2. Seventh, Fifth

  3. Seventh, Second

  4. Second, Seventh
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India is the seventh largest country by area (3.287 million km²) and the second most populous country (after China, with over 1.4 billion people). This geographical and demographic fact is fundamental to understanding India's global position.