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Employment Growth Informational and other Issues test - 24

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Employment Growth Informational and other Issues test - 24
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Weekly Quiz Competition
  • Question 1
    1 / -0
    If a person is unwilling to work at the prevailing wage rate, it is a case of ______ unemployment.
    Solution
    If a person is unwilling to work at the prevailing wage rate, it is a case of voluntary unemployment.
    It is a situation when a person is unemployed, not due to the unavailability of jobs in the economy, but because of not being able to find employment of his/her own choice.
  • Question 2
    1 / -0
    ______ unemployment may result when some workers are temporarily out of work while changing job.
  • Question 3
    1 / -0
    When work is suspended due to strikes on lockouts, it is a case of ______ unemployment.
  • Question 4
    1 / -0
    When some people in a society are unwilling to work at the prevailling wage rate and these are people who have income from property or some other sources and need not work, such people are____.
  • Question 5
    1 / -0
    When some workers are temporarily out of work while changing jobs, it is a case of ______ unemployment.
  • Question 6
    1 / -0
    Which of the following statements is correct?
    Solution
    The correct statement is that service sector contributes more than half (exactly 55.7% in 201112) of the GDP of India. While, India has many tourist attractions and economic growth leads to growth of agricultural sector followed by industrial sector and then the service sector.
  • Question 7
    1 / -0
    The Occupational structure of India's labour force since 1951 has____.
    Solution
    During the first half of the present century, occupational distribution of population in India did not report any appreciable change. Agriculture occupied the dominant position and its absorption capacity had increased marginally from correct answer is 66.9 per cent in 1901 to 69.7 per cent in 1951. Hence, correct answer is option B.
  • Question 8
    1 / -0
    ______ means people are unwilling to work at prevailing wage rate.
  • Question 9
    1 / -0
    ____________ unemployment refers to a situation where some workers are temporarily out of work while changing jobs.
    Solution
    Frictional unemployment refers to a situation where some workers are temporarily unemployed while changing jobs.
    Frictional unemployment is the result of voluntary employment transitions within an economy. Frictional unemployment naturally occurs, even in a growing, stable economy.
  • Question 10
    1 / -0
    ___________ measure estimates the number of persons who may be said to be chronically unemployed.
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