Tag: economics

Questions Related to economics

Structural unemployment results due to____.

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

  1. change caused by the introduction of new machines, labour saving devices and improvement in method of production

  2. change caused by recessionary and depressionary phases of the economy

  3. change caused by high population growth, primitive state of technology, low capital formation and vicious circle of poverty etc.

  4. change caused by a decline in demand for production in particular industry and consequent disinvestment and reduction in its manpower requirement

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Correct Option: D

When there is a decline in demand for production in a particular industry, it leads to ______ unemployment.

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

  1. structural

  2. frictional

  3. casual

  4. seasonal

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Correct Option: A

When manual effort is replaced by mechanical effort and thereby workers are rendered jobless, it is called as ______ unemployment.

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

  1. frictional

  2. structural

  3. technological

  4. seasonal

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Correct Option: C

Cyclical unemployment is a ______ phenomenon.

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

  1. permanet

  2. temporary

  3. long-term

  4. none of the above

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Correct Option: B

Technological unemployment is caused by____.

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

  1. introduction of new machinery

  2. improvement in method of production

  3. use of labour-saving devices

  4. all of the above

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Correct Option: D

When there is an unemployment attributed to recession, it is called as ______ unemployment.

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

  1. cyclical

  2. structural

  3. technological

  4. seasonal

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Correct Option: A

Structural unemployment is due to____.

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

  1. inflationary condition

  2. heavy industry bias

  3. shortage of raw materials

  4. inadequate productive capacity

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Correct Option: B

During the recessionary phase of Trade Cycle____.

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

  1. aggregate demand falls

  2. there is disinvestment, decline in production

  3. there is unemployment

  4. all of the above

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Correct Option: D

Cyclical unemployment can be overcome by____.

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

  1. increasing total expenditure and pushing up effective demand

  2. easy-money policy

  3. deficit financing

  4. all of the above

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Correct Option: D

When workers tend to be replaced by machines and technological improvements, it is known as____.

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

  1. industrial unemployment

  2. technological unemployment

  3. chronic unemployment

  4. seasonal unemployment

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Correct Option: B