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

Fill in the blanks from the alternatives given.
Illiterate people are exploited by not being paid their _______ wages.

  1. maximum

  2. highest

  3. minimum

  4. none of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Exploitation often involves paying workers less than the legally mandated minimum wage, which is a common issue for vulnerable or illiterate workers.

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

The level of input has ______ relationship with the level of employment.

  1. direct

  2. indirect

  3. significant

  4. normal
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The level of input has direct relationship with the level of employment. This states that input and output has a positive technical or functional relationship. When the level of input or raw materials increases, the level of output also rises.

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

Which of the following organisations has been established mainly to promote micro, small and medium industrial sector in India?

  1. NABARD

  2. SIDBI

  3. IDBI Bank

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

SIDBI (Small Industries Development Bank of India) is the principal financial institution specifically established to promote and finance the MSME sector.

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

Which of the following type of employment is found in India?

  1. Structural employment

  2. Quasi employment

  3. disguised employment

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India faces various types of employment challenges, including structural, disguised (common in agriculture), and other forms, making 'All of these' the correct choice.

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

Real wage is equal to which of the following?

  1. $\displaystyle\frac{Profit}{price level}$

  2. $\displaystyle\frac{Rent}{price level}$

  3. $\displaystyle\frac{Interest}{price level}$

  4. $\displaystyle\frac{Money wage}{price level}$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Real wage is defined as the money wage adjusted for inflation, which is calculated by dividing the money wage by the price level.

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

Which of the following is the name of the organisations, created to provide full employment and self-reliance to the women folk in India?

  1. OECD

  2. ROSCA

  3. SVP

  4. SEWA
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Self-Employed Women's Association of India(SEWA) is a trade union for poor, self-employed women workers in India. SEWA was founded in $1972$ by the noted Gandhian and civil rights leader Dr Ela Bhatt. SEWA's main office was located in Ahmedabad, Gujarat and it works in several states of India. SEWA members are women who earn a living through their own labour or small business. SEWA is strongly supported by the World Bank which holds it out as a model to be replicated elsewhere.

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

Percentage of people in non-working age group is known as ________.

  1. working - non working ratio

  2. dependency rate

  3. non-dependency rate

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

The dependency rate is the ratio of people in the non-working age groups (children and elderly) to those in the working-age group.

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

_____________ is a statement which shows a maximum acceptable human qualities necessary to perform a job satisfactorily.

  1. Job evaluation

  2. Job description

  3. Job specification

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

Job specification is a document that outlines the qualifications, skills, and personal characteristics required for an individual to perform a job successfully.