Tag: sources of income

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Questions Related to sources of income

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

Wages means ________________.

  1. Income

  2. Revenue

  3. All emoluments earned by an employee while on duty or on leave in accordance with the conditions of employment

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

In labor economics and industrial relations, wages are defined as the total remuneration paid to an employee for their services, including basic pay, allowances, and other benefits.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

Industrial Democracy means ___________________.

  1. Labour participation in management

  2. Establishing trade unions for labours

  3. Government of labours

  4. Nationalisation of Industries
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Industrial democracy refers to the arrangement where employees are given a voice and participate in the decision-making processes of the organization.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

"Pastoral State" is mainly characterized by _____________________.

  1. Absolute dependence on nature

  2. Birth of slavery

  3. Beginning of the division of labour

  4. Birth of big cities an towns
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The pastoral stage of human development is characterized by the domestication of animals, which allowed for a more settled life and the beginning of specialized roles, leading to the division of labor.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

The name of which of the following great leaders is now associated with National Rural Employment Guarantee Scheme?

  1. Indira Gandhi

  2. Mahatma Gandhi

  3. Jawaharlal Nehru

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

The National Rural Employment Guarantee Act (NREGA) was renamed the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in honor of Mahatma Gandhi.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

A multinational is ___________________.

  1. A company operating in many countries

  2. An international body to help developing countries

  3. A person who has visited many countries

  4. A company established with foreign assistance
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A multinational corporation (MNC) is a business entity that has facilities and other assets in at least one country other than its home country.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

The New Economic Policy was introduced in India in _____________.

  1. $1991$

  2. <span>$1998$</span>

  3. <span>$1997$</span>

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

India's New Economic Policy of 1991 was a neoliberal Structural Adjustment Program that allowed India to qualify for aid from the World Bank and IMF. In 1990, India faced an economic crisis and was "on the brink of default" on its debts.

The new economic policy included the policies of Liberalisation, Privatisation and Globalisation.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

_________ is given to improve motivation and productivity among employees.

  1. Salary

  2. Incentive wages

  3. Fringe benefits

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

Incentive wages are payments linked to performance or output, designed to encourage employees to work more efficiently and increase productivity.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

State whether the following statements are True or False.
Joint Family system increases the unemployment problem.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In many traditional contexts, the joint family system is argued to contribute to disguised unemployment, as more family members work on the same land than are actually needed.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

State whether the following statements are True or False.
High growth of population is the only cause of rural unemployment.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While population growth is a significant factor, rural unemployment is also caused by factors like lack of industrialization, seasonal nature of agriculture, and lack of infrastructure.