CBSE Questions for Class 12 Commerce Economics Employment: Growth,Informalisation And Other Issues Quiz 6 - MCQExams.com

With the emergence of stratified division of labour, ____________ starts in the society.
  • Equality
  • Inequality
  • Both
  • None
Who wrote"Das Capital'?
  • Karl Marx
  • Jawaharlal Nehru
  • Lenin
  • R.K. Narayanan.
Unemployment in India is mostly _________.
  • technical
  • structural
  • voluntary
  • frictional
The division of labour is based on ______________.
  • Age
  • Gender
  • Skill
  • All
Localisation in economics refer to ____________-.
  • Localised markets
  • Location of a firm
  • Production of a Region
  • Regional specialization
 ___________ is  the principle  of non-interventionof the Government in economic affairs of the country.
  • Liberalisation
  • Laissez-faire
  • Giffins Caveat
  • None of the above.
The labour sector is divided as ___________ sectors.
  • Primary, Secondary and Tertiary
  • Organised and Unorganised
  • Both A and B
  • None
Which of the following occupied the highest place in growth rate during the $$10th$$ Plan period $$2002-2007$$?
  • Agricultural Sector
  • Service Sector
  • industrial Sector
  • mining
Which of the following type of employment is found in India?
  • Structural employment
  • Quasi employment
  • disguised employment
  • All of these
The ___________ sector of work is that sector where legal provisions do not completely govern.
  • Organised
  • Primary
  • Seconday
  • Unorganised
At the equilibrium point on indifference curve which of the following equation is satisfied ? 
  • $$ MRSxy=\frac { MUx }{ MUy } =\frac { Px }{ Py } $$
  • $$ \frac { MUx }{ Px } =\frac { MUy }{ Py } $$
  • Both (a) and (b)
  • Neither (a) nor (b)
The sector which is enrolled as per the law of the government, and provided fixed wages, facilities within the framework of law is called as ___________ Sector.
  • Organized
  • Primary
  • Unorganised
  • Tertiary
Which of the following is not an economic activity?
  • A Son looking after his ailing mother
  • A Chartered Accountable doing his own practice
  • A Soldier serving at the border
  • A Farmer growing Millets
As an economy grows, the share of __________ to the GDP increases.
  • Primary and Secondary Sectors
  • Secondary and Tertiary Sectors
  • Tertiary and Primary Sectors
  • None of the above
Vehicle repair, selling of goods like vegetables, fish on head; puncture repairers and others belong to _____________ sector.
  • Organised
  • Unorganised
  • Tertiary
  • None
As per Indifference Curve Analysis, to maximise his satisfaction, a Consumer will try to _____
  • Remain in the same IC
  • Reduce to lower IC
  • Reach the highest possible IC
  • Reach the Origin point
In India, Agriculture contributes nearly _______ of the country's GDP.
  • Less than 10%
  • Nearly 14%
  • Nearly 50%
  • Nearly 75%
In India, percentage of population employed in Agriculture has _______ from period of independence to the current date.
  • increased
  • decreased
  • remained constant
  • nothing can be said
In India, absolute number of people employed in Agriculture had___________ from the period of independence.
  • increased
  • decreased
  • remained constant
  • nothing can be said
In India, Agriculture provides employment to _______ of the population.
  • Less than 25%
  • 25% to 50%
  • 50% to 60%
  • More than 60%
Periods of less than full employment of resources correspond to ___________.
  • points outside the PPC.
  • points inside the PPC.
  • points on the PPC.
  • either points inside or outside the PPC.
As an economy grows, the share of Primary Sector to the GDP ___________.
  • increases
  • decreases
  • remains constant
  • nothing can be said
Role of Agriculture is significant in the Indian Economy because ____________.
  • it contributes about $$1/4^{th}$$ of the GDP
  • it provides employment to about 50% - 60% of the population
  • both (a) and (b)
  • neither (a) nor (b)
In India, contribution of agriculture to GDP (in percentage terms) has ____________ from period of independence to the current date.
  • increased
  • decreased
  • remained constant
  • nothing can be said
The share of agriculture in India's national income has _____________ over the years.
  • increased
  • decreased
  • remained constant
  • first decreased and then increased.
In India, Contribution of Agriculture to GDP (in absolute amount terms) has ____________ from period of independence to the current date.
  • increased
  • decreased
  • remained constant
  • nothing can be said
Difficulties in getting workers and vacancies together is called____.
  • imperfect mobility of labour
  • perfect mobility of labour
  • both (a) and (b)
  • neither (a) nor (b)
A person who is not gainfully employed in any productive activity is called____.
  • openly unemployed
  • disguisedly unemployed
  • particularly umemployed
  • unemployed
If a person is unwilling to work at the prevailing wage rate, it is a case of ______ unemployment.
  • voluntary
  • frictional
  • casual
  • disguised
______ unemployment may result when some workers are temporarily out of work while changing job.
  • Cycllical
  • Voluntary
  • Frictional
  • Seasonal
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