Employment Growth Informational and other Issues test

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Employment Growth Informational and other Issues test - 25

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Weekly Quiz Competition

Question 1
1 / -0

Which of these is a cause for Unemployment in India?

A
Over-Population.

B
Use of Capital Intensive Technology.

C
Gaps between Education and Job Requirments.

D
All of the above.
Question 2
1 / -0

All of the following developments were noticed during $$1991$$(when economic reforms were enforced), except _________.

A
national debt was nearly $$60$$ per cent of the GNP of India

B
inflation crossed double digits

C
foreign reserves were maintained at a very high level

D
none of the above

Solution

When economic reforms were enforced foreign reserves available were just sufficient to finance imports of three weeks.
Question 3
1 / -0

_______ unemployment in India is large.

A
Structural

B
Open

C
Disguised

D
Seasonal
Question 4
1 / -0

Deficiency in effective demand increases the ______ in the economy.

A
employment

B
unemployment

C
inflation

D
output
Question 5
1 / -0

The share of tertiary sector in India's GDP in (2011-12) is _____________.

A
Around 46%

B
Around 42%

C
Around 74%

D
None of the above

Solution

The tertiary sector contributed to about 46.3% of the Indian GDP in the year 2011-2012.
Question 6
1 / -0

When due to introduction of new machinery, some workers tend to be replaced by machines, it is termed as ____________ unemployment.

A
structural

B
technological

C
mechanical

D
seasonal.

Solution

When due to introduction of new machinery (change in technology) some workers tend to be replaced by machines; their unemployment is termed as Technological unemployment.
Question 7
1 / -0

Most of the unemployment in India is____.

A
voluntary

B
structural

C
frictional

D
technical
Question 8
1 / -0

___________ measures generally gives the lowest estimate of unemployment.

A
Current weekly status

B
Usual status

C
Current daily status

D
Current monthly status
Question 9
1 / -0

Economic laws are essentially _________.

A
conditional

B
unconditional

C
rigid

D
neutral

Solution

It is true that many microeconomic laws may involve many assumptions, which makes the theory valid only under the specific conditions of the model, which tend to over-simplify the situation and as a result may not hold true in the real world (such as perfect competition market structure). However, the broad theories (such as theory of supply and demand for example) are still valid in the real world, it has been proven time and again with empirical data.
Question 10
1 / -0

The maximum number of people in India work in the ____________.

A
primary sector

B
secondary sector

C
tertiary sector

D
none of the above

Solution

The maximum number of people in India work in the primary sector. Primary sector employs about 50-60% of the population. This sector also contributes 1/4 th of the total GDP.

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Re-Attempt Weekly Quiz Competition

Employment Growth Informational and other Issues test - 25

Result

Employment Growth Informational and other Issues test - 25

Score

-

Rank

-

SHARING IS CARING

Question 1

Over-Population.

Use of Capital Intensive Technology.

Gaps between Education and Job Requirments.

All of the above.

Question 2

national debt was nearly $$60$$ per cent of the GNP of India

inflation crossed double digits

foreign reserves were maintained at a very high level

none of the above

Solution

Question 3

Structural

Open

Disguised

Seasonal

Question 4

employment

unemployment

inflation

output

Question 5

Around 46%

Around 42%

Around 74%

None of the above

Solution

Question 6

structural

technological

mechanical

seasonal.

Solution

Question 7

voluntary

structural

frictional

technical

Question 8

Current weekly status

Usual status

Current daily status

Current monthly status

Question 9

conditional

unconditional

rigid

neutral

Solution

Question 10

primary sector

secondary sector

tertiary sector

none of the above

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

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