Tag: economics

Questions Related to economics

In India, the type of unemployment is mostly _________.

  1. disguised

  2. chronic

  3. technological

  4. structural


Correct Option: D

"Some workers are temporarily out of job" is a phenomenon of which type of unemployment.

  1. Voluntary

  2. Frictional

  3. Casual

  4. Seasonal


Correct Option: B

__________ means persons who did not find even an hour of work during the survey week.

  1. Daily status unemployment

  2. Weekly status unemployment

  3. Chronic unemployment

  4. Disguised employment


Correct Option: B

Voluntary Unemployment arises when a person_____.

  1. is unwilling to work at prevailing wage rate

  2. gets a continuous flow of income from his property, and need not work

  3. both (a) and (b)

  4. neither (a) nor (b)


Correct Option: C

Frictional Unemployment arises when____.

  1. some workers are temporarily out of work while changing job

  2. work is suspended due to strikes or lockouts

  3. both (a) and (b)

  4. neither (a) nor (b)


Correct Option: C

If a person gets a continuous flow of income from his property or other sources, and hence need not work, it is a case of ______ unemployment.

  1. voluntary

  2. frictional

  3. casual

  4. disguised


Correct Option: A

______ Unemployment is caused by imperfect mobility of labour.

  1. Voluntary

  2. Frictional

  3. Casual

  4. Disguised


Correct Option: B

______ unemployment arises due to short-term contracts, which are terminable any time.

  1. voluntary

  2. frictional

  3. casual

  4. disguised


Correct Option: C

Frictional unemployment is a ______ phenomenon.

  1. permanent

  2. temporary

  3. long-term

  4. none of the above


Correct Option: B

Casual unemployment arises due to ______ contracts.

  1. long-term

  2. short-term

  3. medium-term

  4. none of the above


Correct Option: B