Tag: economics

Questions Related to economics

How much proportion of India's population is disguisedly unemployed?

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

  1. One half.

  2. One third.

  3. One fourth.

  4. One fifth.

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Correct Option: B

Which of the following statements is incorrect?

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

  1. Workers employed in Sugar Mills face seasonal unemployment.

  2. Due to introduction of new machinery, labour saving device etc. this structure replaced by machine is termed as Structural Unemployment.

  3. Frictional Unemployment is temporary phenomenon.

  4. Disguised Unemployment refers to a situation where removal of some workers will not affect the volume of total output.

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Correct Option: B

Which of these explains seasonal unemployment?

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

  1. When manual effort is replaced by mechanical effort and thereby workers are rendered jobless.

  2. When extra workers are employed and their removal will not affect the volume of total output.

  3. When there is decline in demand for production in a particular industry.

  4. When industries offer employment for only a certain period of time in a year.

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Correct Option: D

Which of these explains structural unemployment?

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

  1. When manual effort is replaced by mechanical effort and thereby workers are rendered jobless.

  2. When extra workers are employed and their removal will not affect the volume of total output.

  3. When there is decline in demand for production in a particular industry.

  4. When industries offer employment for only a certain period of time in a year.

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Correct Option: C

When some people in a society are unwilling to work at the prevailing wage rate and there are people who have income from property or some other sources and need not work, such people ________________.

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

  1. Casually unemployed.

  2. Chronically unemployed.

  3. Voluntarily unemployed.

  4. Disguisedly unemployed.

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Correct Option: C

Some people who are unwilling to work at the prevailing wage rate is called ___________.

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

  1. frictional unemployment

  2. casual unemployment

  3. disguised unemployment

  4. voluntary unemployment.

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Correct Option: D

Which type of unemployment occurs in an economy as a result of a general downturn in business activity? 

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

  1. Structural unemployment

  2. Cyclical unemployment

  3. Frictional unemployment

  4. Voluntary unemployment.

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Correct Option: B

Disguised unemployment refers to _________.

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

  1. persons with no jobs

  2. more persons employed for a job which less can accomplish

  3. unemployment among woman

  4. unemployment of people whoa are above 60 years of age.

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Correct Option: B

Unemployment when some workers are temporarily out of work while changing jobs is called __________.

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

  1. voluntary unemployment

  2. technological unemployment

  3. frictional unemployment

  4. disguised unemployment

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Correct Option: C

Most of the disguised unemployment in India is found in the __________ sector.

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

  1. agricultural

  2. industrial

  3. export

  4. banking

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Correct Option: A
Explanation:

Disguised unemployment is when any person is employed but actually is not adding anything in the production. In simpler words when there are no marginal additions made a worker i.e. if that worker stops working it won't affect the output that is when he is unemployed in disguised manner. Such kind of unemployment in agriculture is found in the highest level in agriculture because majority of the agriculture activities involve labour also it is done as a family business hence finding out the contribution of every individual becomes difficult.