Tag: economics

Questions Related to economics

Casual unemployment is common in____.

  1. construction

  2. catering

  3. agriculture

  4. all of the above


Correct Option: D

Frictional unemployment exists in an economy due to_____.

  1. lack of trained employees

  2. imperfect information about availability of manpower and the opportunities

  3. ceiling on production levels by manufactures

  4. decrease in demand for products


Correct Option: B

A situation of employment in which a person is apparently employed but contribution to the production is almost nil is called _________ unemployment.

  1. structural.

  2. chronic.

  3. disguised.

  4. cyclical.


Correct Option: C
Explanation:
A situation of employment in which a person is apparently employed but contribution to the production is almost nil is called disguised unemployment. This is a case of marginal productivity of labour being zero and is generally found in the agricultural sector.

In which type of unemployment would a shift in surplus labour from one sector to another, will lead to an increase in productivity and the national output?

  1. structural unemployment.

  2. frictional unemployment.

  3. disguised unemployment.

  4. cyclical unemployment.


Correct Option: A

Which type of unemployment arises due to changes in the regional and occupational patterns of job vacancies, which does not match the profile of a the existing workers?

  1. Disguised unemployment.

  2. Frictional unemployment.

  3. Structural unemployment.

  4. Cyclical unemployment.


Correct Option: C

When industries offer employment for only a certain period of time in a year, it leads to ______ unemployment.

  1. structural

  2. frictional

  3. casual

  4. seasonal


Correct Option: D

When the economy is not able to absor the increasing number of people coming to labour market in search of jobs, it is a case of ______ unemployment.

  1. frictional

  2. structural

  3. casual

  4. seasonal


Correct Option: B

You are the factory owner and have given employment to 400 workers if 10 workers are retrenched by you without loss of production then this situation be described as ______.

  1. open unemployment

  2. disguised unemployment

  3. frictional unemployment

  4. seasonal unemployment


Correct Option: B

Occupational Structure means____.

  1. number of people living in a country

  2. size of working force in a country

  3. distribution of working force among the different occupations

  4. the nature of different occupation


Correct Option: C

When people engaged in certain work or activities remain unemployment during the off-season, it leads to ______ unemployment.

  1. structural

  2. frictional

  3. seasonal

  4. casual


Correct Option: C