Employment Growth Informational and other Issues test

Result

Employment Growth Informational and other Issues test - 28

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Weekly Quiz Competition

Question 1
1 / -0

Agriculture sector contributes around 55% of GDP in 1950-51, which has come down to _________ % in 2011-12.

A
20

B
14

C
25

D
28

Solution

Agriculture sector contributes around 55% of GDP in 1950-51, which has come down to 14% in 2011-12. Agriculture is included inn the primary sector of the economy. This sector employs bout 50% of the population of India.
Question 2
1 / -0

Share of agriculture and their allied products in total export is about ___________ as per 2011-12.

A
60%

B
65%

C
10%

D
75%

Solution

Agriculture is included inn the primary sector of the economy. This sector employs about 50% of the population of India. Share of agriculture and their allied products in total export is about 10% as per 2011-12.
Question 3
1 / -0

Situation, where some people are unwilling to work at the prevailing wage rate, is called _____________.

A
Voluntary unemployment

B
Technological unemployment

C
Frictional unemployment

D
Disguised employment
Question 4
1 / -0

Which of the following statements is correct?

A
Service sector contributes more than half of the GDP of India.

B
The scope of attracting tourists is limited as there is hardly any place of tourist attraction in India.

C
As an economy grows, first service sector grows and then agriculture & industrial sector grows.

D
None of the above.

Solution

The share of service sector to GDP in India is showing an increasing trend. It contributes more than half of the GDP in India. Service sector is also known as the tertiary sector of the economy. For example, accounting, tourism, etc are included in the service sector.
Question 5
1 / -0

Which of the following is the example of economic activity?

A
Production

B
Consumption

C
Charity

D
A and B both

Solution

The definition of an economic activity is given as "any activity where goods and services are exchanged for money." The economic activity of production involves producing goods and services so that they can be sold in the market for fair price. The economic activity of consumption involves consumers lending their services in exchange for wages that they then use to purchase goods and services.
Question 6
1 / -0

Which of the following is a contribution of service sector to the Indian economy?

A
Share in GDP

B
Share in exports

C
Employment opportunities

D
All of the above

Solution

Service sector is also known as the tertiary sector of the economy. For example, accounting, tourism, etc are included in the service sector. Contribution of service sector to the Indian economy are as follows:a) Share in GDP
b) Share in exports
c) Employment opportunities
Question 7
1 / -0

Cause of unemployment is due to ________________.

A
lack of financial resources

B
slow growth problem

C
faulty employment planning

D
all of the above
Question 8
1 / -0

Which one of the following is not the primary cause of India's chronic balance of payment problem?

A
Value of imports not matched by value of exports

B
Deficits in merchandise trade

C
Membership of W.T.O.

D
Petroleum, Oil and Lubricants (POL) imports

Solution

Membership of W.T.O is not the primary cause of India's chronic balance of payment problem.
Question 9
1 / -0

Which one of the following is correct? Over the years the _________.

A
agricultural production has been falling

B
the industrial production has been falling

C
the share of service sector and manufacturing sector in India's GDP has been stagnant

D
the share of the agricultural sector in India's GDP has been falling.

Solution

In India, percentage of population employed in Agriculture has decreased from period of independence to the current date since with the rise in demand for goods and services produced by secondary and tertiary sector, workforce of primary sector starts decreasing and as a result, the GDP from agricultural sector also gets reduced from the period of Independence to the current date.
Question 10
1 / -0

Which one is not a right of a recognized union?

A
A right of Check-off

B
To use notice board on the premises of the undertaking

C
To appear on behalf of the union on domestic inquiry

D
Inspecting the undertaking

Solution

A right of check-off is not a right of a recognized union. Check-off can be referred as the process of deduction of union dues from the pay-check of theemployer. Therefore, a right of check-off cannot be considered as a right of a recognized union.

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Re-Attempt Weekly Quiz Competition

Employment Growth Informational and other Issues test - 28

Result

Employment Growth Informational and other Issues test - 28

Score

-

Rank

-

SHARING IS CARING

Question 1

20

14

25

28

Solution

Question 2

60%

65%

10%

75%

Solution

Question 3

Voluntary unemployment

Technological unemployment

Frictional unemployment

Disguised employment

Question 4

Service sector contributes more than half of the GDP of India.

The scope of attracting tourists is limited as there is hardly any place of tourist attraction in India.

As an economy grows, first service sector grows and then agriculture & industrial sector grows.

None of the above.

Solution

Question 5

Production

Consumption

Charity

A and B both

Solution

Question 6

Share in GDP

Share in exports

Employment opportunities

All of the above

Solution

Question 7

lack of financial resources

slow growth problem

faulty employment planning

all of the above

Question 8

Value of imports not matched by value of exports

Deficits in merchandise trade

Membership of W.T.O.

Petroleum, Oil and Lubricants (POL) imports

Solution

Question 9

agricultural production has been falling

the industrial production has been falling

the share of service sector and manufacturing sector in India's GDP has been stagnant

the share of the agricultural sector in India's GDP has been falling.

Solution

Question 10

A right of Check-off

To use notice board on the premises of the undertaking

To appear on behalf of the union on domestic inquiry

Inspecting the undertaking

Solution

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