Which of the following is also known as disguised employment?
  • Over employment
  • Factory employment
  • Under employment
  • Unemployment
GDP is the sum total of the value of ________ goods produced during a particular year.
  • all goods and services
  • all final goods and services
  • all intermediate goods and services
  • all intermediate and final goods and services
Which of the following Acts would not apply to a company like TISCO?
  • Minimum Wages Act
  • National Rural Employment Guarantee Act
  • Factories Act
  • Payment of Gratuity Act
The value of all goods and services produced within a country in a certain year is called its:
  • National Product
  • Net Domestic Product
  • Gross Domestic Product
  • None of these
On which of the following basis the sectors are classified into public sector and private sector?
  • Employment conditions
  • The nature of the economic activity
  • Ownership of enterprises
  • Number of workers employed in the enterprise
Production of a commodity, mostly through the natural process, is an activity in the ___________ sector.
  • Primary
  • Secondary
  • Tertiary
  • Information Technology
What will happen if the government fails to provide 100 days employment under NREGA?
  • No extra benefit will be given
  • The officer-in-charge will be punished
  • Unemployment allowance will be given
  • Food grains will be provided
Underemployment is a situation where people:
  • do not want to work
  • are not paid of their work
  • are working in a lazy manner
  • are working less than what they are capable of doing
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