Tag: unemployment and measures to remove

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Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

When unemployment tends to be a long term feature of a country it is called ___________.

  1. voluntary unemployment

  2. disguised unemployment

  3. casual unemployment

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

Chronic unemployment refers to a situation where unemployment persists as a long term feature of an economy. It is often associated with structural issues that do not resolve quickly.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

Voluntary unemployment may be a national waste of __________.

  1. capital

  2. wealth

  3. human resources

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

Voluntary unemployment occurs when individuals choose not to work at the current wage rate. This represents a waste of human resources because the labor force is not being fully utilized.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

The nature of usual unemployment in India is ________.

  1. seasonal

  2. disguised

  3. chronic

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

Chronic unemployment is often cited as a major characteristic of the Indian economy due to structural factors and population pressure. While seasonal and disguised unemployment exist, chronic unemployment describes the persistent nature of the issue.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

Disguised unemployment is a state in which the ___________.

  1. marginal product of labour rises

  2. marginal product of labour is nil

  3. number of persons available for work are less than the input requirement

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

Disguised unemployment is a situation where more people are employed than are actually needed for a task. Consequently, the marginal productivity of the additional workers is zero.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

Disguised unemployment in India is mainly related to:
(i) Agricultural sector
(ii) Rural area
(iii) Industrial sector
(iv) Urban area
Select aspects of the Indian economy.

  1. (i) and (ii) only

  2. (ii) and (iv) only

  3. (iii) and (iv) only

  4. (i) and (iii) only
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Disguised unemployment is most prevalent in the agricultural sector, particularly in rural areas where family members work on small plots of land despite not contributing to additional output.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

According to _________ measure, a person is said to be employed for the week even if he is employed only for a day during the week.

  1. usual status.

  2. current weekly status.

  3. current daily status.

  4. current yearly status.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Current weekly status is a approach used to measure unemployment under which the data of seven days preceding the date of survey is used; and a person is said to be employed if he or she is employed for at least one hour on any one day of the week in consideration.

Multiple choice economics unemployment in india types of unemployment unemployment and measures to remove employment and unemployment in india - problems and policies

Open unemployment refers to ___________.

  1. usual status

  2. weekly status

  3. daily status

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

Open unemployment is typically measured by the 'usual status' of an individual, which looks at their activity over a long reference period (usually a year). It refers to those who are actively seeking work but cannot find it.