CBSE Questions for Class 12 Commerce Economics Employment: Growth,Informalisation And Other Issues Quiz 5 - MCQExams.com

Employment Assurance Scheme aims ________.
  • to provide gainful employment during the lean agricultural season in manual work to all able bodied adults in rural areas who are in need and desirous of work, but cannot find it
  • to provide employment at least 100 days in a year
  • to provide employment to at least one person in a family for 3 months in a year
  • to help in getting jobs to rural educated persons
The "law of diminishing returns" applies to _________________.
  • short run, but not long run
  • long run, but not short run
  • both short run and long run
  • neither short run nor long run
In which economic system all the means of production are owned and controlled by private individuals for profit.
  • Socialism
  • Capitalism
  • Mixed economy
  • Communism
Disguised unemployment is generally found in _____.
  • rural areas
  • urban areas
  • industrial areas
  • metro cities
Which of these is an economic activity?
  • A father teaching his son at home instead of sending to any coaching centre.
  • A hair dresser doing hair cut on payment.
  • A housewife mending her family cloth on her own.
  • A singer giving a show on his wedding anniversary.
Which of these can be an indicator of economic growth for a country?
  • Balance of payment position
  • Increase in government spending on defence
  • increase in labour productivity
  • demographic changes.
Unemployment is likely to be maximum during;
  • Inflation
  • Depression
  • Economic slow down
  • Flood or other natural calamities
In agricultural sector net value added is estimated by _________.
  • income method
  • production method
  • both (A) & (B)
  • survey method
In which of these sectors disguised unemployment is noticed?
  • Agricultural
  • Service
  • Transport
  • Industry
Which of the following is a variant of the sample survey method?
  • Test Marketing
  • Experts' Opinion Poll
  • Delphi Technique
  • All of above
______ is an extension of time reversal test to the case of more than two periods.
  • Circular test
  • Time reversal test
  • Factor reversal test
  • Unit test
The incidence of unemployment in India is ________.
  • quite low
  • quite high
  • moderately low
  • moderately high
"People enjoy a continuous flow of income and need not work" is a characteristic of which type of unemployment?
  • Voluntary
  • Frictional
  • Casual
  • Seasonal
  • Both Assertion and Reason are correct and Reason is the correct explanation for Assertion
  • Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion
  • Assertion is correct but Reason is incorrect
  • Both Assertion and Reason are incorrect
Unemployment resulting from short term contracts terminable at any time is called _________.
  • voluntary
  • frictional
  • casual
  • seasonal
Unemployment rate in India over the years has ________.
  • increased
  • decreased
  • remained constant
  • has not shown any specific trend
Over __________ of India's workforce is disguisedly unemployed.
  • $$1/3$$rd
  • $$1/2$$nd
  • $$1/4$$th
  • $$1/5$$th
In disguised unemployment _______.
  • productivity is nil or positive
  • productivity is always positive
  • productivity is always negative
  • productivity is nil or Negative.
______ unemployment is a long term unemployment
  • Voluntary
  • Frictional
  • Casual
  • Chronic
Find the odd statement out.
  • Normative economics is concerned with welfare propositions.
  • Normative economics is prescriptive in nature.
  • Normative economics is regulatory in nature
  • Economic laws are hypothetical.
Functional employment occurs when _____________.
  • there is a fall in aggregate demand
  • workers are voluntarily unemployed
  • workers are unemployed due to technology
  • non of these
Under milk development plans ___________ people were provided employment.
  • $$54$$ lakh people got employment
  • $$100$$ lakh people got employment $$1$$ lakh people got employment
  • $$10$$ lakh people got employment
  • None of these.
The purpose of employment assurance scheme under MGNREGA was?
  • To provide $$100$$ days employment for unskilled manual worker.
  • To provide employment for skilled labour.
  • To give basic food for people below poverty line.
  • To provide housing facility for people below poverty line.
Work force is that part of labour force which is employed. (True/False)
  • True
  • False
  • Can't say
  • None of above
Unemployment rate is defined as number of persons unemployed per _________ persons in labour force.
  • 100
  • 1000
  • 10
  • 10000
Usual status measures the number of per-sons who may be _______ unemployed.
  • chronically
  • disguisedly
  • educated
  • industrially
Which of the following are causes of unemployment in India?
  • Growth without adequate employment opportunities
  • Growing population
  • Inappropriate technology and education system
  • All of above
The robust increase of employment in $$1990-2005$$ was of no use because.
  • Growth was in the unorganized sector
  • It was mainly in low productivity self employment
  • There was a decline in rural male agricultural labour
  • Both a & b
Economic choice and competitive behaviour are the result of ____________.
  • basic human need
  • poverty
  • private ownership of resources
  • scarcity
The plans in Swaran Jayanti Rozgar, which began in Dec, $$1997$$, were ?
  • Urban wage employment programme
  • Nehru rozgar yozna
  • Urban self employment programme
  • Both a & c
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