Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

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

____________ sector has highest rate of disguised unemployment.

  1. Agriculture

  2. Service

  3. Industrial

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

Disguised unemployment occurs when more people are employed than are needed for a task, resulting in zero marginal productivity. This is most prevalent in the agricultural sector, where family members often work on the same plot of land regardless of the actual labor requirement.

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

 _________ unemployment is associated with trade cycles.

  1. Cyclical

  2. frictional

  3. technological

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

Cyclical unemployment is directly linked to the ups and downs of the business cycle. When the economy is in a recession or downturn, aggregate demand falls, leading to layoffs.

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

EAS stands for _______.

  1. Employment Assurance Scheme.

  2. Employment Assistance scheme

  3. Essential Assistance Scheme

  4. European Assistance Scheme
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

EAS stands for Employment Assurance Scheme, which was a government program in India designed to provide wage employment to rural laborers during the lean agricultural season.

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

______ refers to the persons who are not willing to work at the existing wage rate.

  1. Voluntary unemployed

  2. Disguised unemployed

  3. Semi employed

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

Voluntary unemployment refers to a situation where individuals choose not to work at the prevailing wage rate, often because they are looking for better opportunities or are satisfied with their current situation.

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

Rural unemployment in India is mainly of the ______ type. 

  1. industrial

  2. educated

  3. seasonal and disguised

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

In rural India, the economy relies heavily on agriculture, which is inherently seasonal. Additionally, the surplus of labor on small landholdings leads to widespread disguised unemployment.

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

_________ means persons who did not find work on a day or some days during the survey week.

  1. Daily status unemployment

  2. Weekly status unemployment

  3. Chronic unemployment

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

Daily status unemployment is calculated based on the activity status of a person on each day of the reference week, capturing those who did not find work on specific days.

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

Seasonal unemployment is most common in____.

  1. agriculture

  2. mining

  3. interior decoration

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

Seasonal unemployment occurs when people are out of work during certain times of the year, which is a defining characteristic of the agricultural sector due to crop cycles.