Tag: unemployment and employment generation

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Questions Related to unemployment and employment generation

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

Find the odd one out among the following employment generation programmes:

  1. Urban self-employment programme.

  2. Urban wage-employment programme.

  3. Training of rural youth for self-employment.

  4. Integrated rural development programme.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Integrated Rural Development Programme (IRDP) is a poverty alleviation program focused on asset creation, whereas the others listed are specific employment generation or training programs.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

Which of the following statements with regard to the National Rural Employment Guarantee Act (NREGA), $2005$ is/are correct?
$1$. The legislation makes the Government legally bound to provide employment to those who seek it.
$2$. As a district is notified under the Act, the Sampoorna Grameen Rozgar Yojana is automatically merged in the NREGA.
Select the correct answer using the code given.

  1. $1$ only

  2. $2$ only

  3. Both $1$ and $2$

  4. Neither $1$ nor $2$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

National Rural Employment Guarantee Act, $2005$ was enacted on August $25$, $2005$. This scheme is now known as Mahatma Gandhi National Rural Employment Guarantee Scheme and Sampoorna Grameen Rozgar Yojana (SGRY) was merged into this scheme. The act aims at enhancing livelihood security to household in rural areas of country by provision of employment opportunities to those who are willing to work.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

Which of the following factors has now put a check on a migration of agricultural labourers from one place to another in India?

  1. Lack of irrigation facilities

  2. Low productivity of land

  3. Single-crop cultivation

  4. <span>Launch of MGNREGA and availability of employment opportunities locally</span>
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

MGNREGA provides guaranteed wage employment in rural areas, which has reduced the necessity for agricultural laborers to migrate to other regions in search of work.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

Under the new scheme of employment generation in the rural areas, all the ongoing schemes have been amalgamated with the _________.

  1. National Rural Employment Programme

  2. Jawahar Rozgar Yojna

  3. Rural Employment Guarantee Scheme

  4. Intergrated Rural Development Programme
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Jawahar Rozgar Yojna was launched in 1989 by merging the National Rural Employment Programme and the Rural Landless Employment Guarantee Programme. It aimed to provide gainful employment to the unemployed and underemployed in rural areas.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

'Right to work' is referred as __________.

  1. MRTP.

  2. PMGRY.

  3. NREGA.

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

"Right to work" present under Article 41 of the constitution is enforced under the flagship programme of NREGA (now MGNREGA) by the government of India. The programme entitles every rural household to at least one hundred days of guaranteed wage employment in a financial year.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

The aim of Prime Minister Rozgar Yozana (PMRY) is to create self-employment opportunities for educated unemployed youth in rural ares and _________.

  1. Big towns

  2. Small towns

  3. States

  4. Big cities

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The aim of Prime Minister Rozgar Yojana (PMRY) is to create self-employment opportunities for educated unemployed youth in rural areas and small towns due to the absence of infrastructure and other facilities in small towns.

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

Wagering Agreements void _______.

  1. in all of India

  2. in all of India except Jammu &amp; Kashmir

  3. in all of India except Mumbai

  4. in all of India except Calcutta
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under Section 30 of the Indian Contract Act, 1872, wagering agreements are void throughout India. However, in the state of Maharashtra (specifically Mumbai), wagering agreements are declared illegal by local state legislation. Because illegal agreements are also void, they are technically void everywhere, but this distinction makes Mumbai unique in legal terminology regarding collateral transactions.

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 labor supply at a rate faster than the economy can generate new jobs, which exacerbates unemployment. Additionally, a larger population increases consumption demands, which reduces overall savings and slows down the rate of capital formation.