Employment Growth Informational and other Issues test

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Employment Growth Informational and other Issues test - 8

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Weekly Quiz Competition

Question 1
1 / -0

Under which range, India lies in terms of Nominal GDP?

A
1 to 5

B
6 to 10

C
10 to 15

D
None of the above

Solution

Gross Domestic Product (GDP) is the broadest quantitative measure of a nations total economic activity. Most importantly, GDP represents the monetary value of all goods and services produced within nation's geographic boarders over a specific period of time.
The economy of India is the seven largest economy in the world measured by nominal GDP and the third largest by purchasing power parity (PPP).
Question 2
1 / -0

NSSO stands for _________.

A
National Sample Survey Organization

B
National Sectors Standard Organization

C
National Sample Sectors Organization

D
None of these

Solution

NSSO - National Sample Survey Organization, now known as National Sample Survey Office, is an organization under the Ministry of Statistics of the Government of India. It is the largest organisation in India conducting regular socio-economic survey.
Question 3
1 / -0

Which of the following is an activity related the unorganized sector?

A
An engineer drawing a rough sketch of a dam

B
A small or marginal farmer

C
A lecturer teaching in a college

D
A doctor treating a patient in a hospital

Solution

The unorganised sector covers most of the rural labour and a substantial part of urban labour. lt includes activities carried out by small and family enterprises. In this sector, wage-paid labour is largely non-unionised due to casual and seasonal nature of employment and scattered location of enterprises. This sector is marked by low incomes, unstable and irregular employment, and lack of protection either from legislation or trade unions. The unorganised sector uses mainly labour intensive and indigenous technology.
Question 4
1 / -0

In terms of GDP, the share of primary sector in 2003 was about ___ percent.

A
20

B
25

C
50

D
55

Solution

When we produce a good by exploiting natural resources, it is an activity of the primary sector. This includes agriculture, forestry, fishing and mining. In terms of GDP, primary sector plays a very important role. In 2003, the share of primary sector in the GDP was about 25 percent.
Question 5
1 / -0

Who is responsible for measuring the GDP in India?

A
State government

B
Central government

C
World bank with the help of the central government

D
Central government with the help of state governments and union territories

Solution

The Central Statistics Office (CSO), under the Union Ministry of Statistics and Program Implementation, is responsible for macroeconomic data gathering and statistical record keeping. Its processes involve conducting an annual survey of industries and compilation of various indexes like the Index of Industrial Production, Consumer Price Index etc.
The CSO coordinates with various federal and State government agencies and departments to collect and compile the data required to calculate the GDP and other statistics.
Question 6
1 / -0

NREGA stands for ____________.

A
New Revolution Employment Guarantee Act

B
National Rural Exchange Guarantee Act

C
National Rural Employment Guarantee Act

D
National Regional Employment Guarantee Act

Solution

The National Rural Employment Guarantee Act (NREGA) was passed in 2005 and came into force in 2006. This flagship programme of the Government of India was passed to alleviate the poverty-stricken areas of rural India by its employment generation programmes. Under this scheme, every household is entitled to one hundred days of guaranteed wage employment in a financial year whose adult members volunteer to do unskilled manual work with one-third reservation for women. Household failing to get employment within 15 days of registration is eligible for an employment allowance. The programme was later renamed as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in 2009.
Question 7
1 / -0

Underemployment is also called ___________.

A
Technological unemployment

B
Disguised unemployment

C
Seasonal unemployment

D
Educated unemployment

Solution

Disguised Unemployment is the unemployment that does not affect aggregate output. It is a situation when people are working less than they are capable of doing. It exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero.
Question 8
1 / -0

Till 2000, which sector has been the largest employer?

A
Service sector.

B
Primary sector.

C
Secondary sector.

D
Tertiary sector.

Solution

The share in providing employment was not in tune with the share in GDP. The agriculture provided employment to 75% workers and this decreased to 60% in 2000, which is not as big a drop as agriculture’s drop in GDP contribution. On the other hand, the growth in employment provided by other two sectors was substantially low.
Question 9
1 / -0

In how many districts was the plan of 'Right to work' initially implemented?

A
$$200$$

B
$$300$$

C
$$400$$

D
$$500$$

Solution

The "Right to work" plan under NREGA came into force in 2006 and covered 200 districts which were further extended to an additional 130 districts in 2008.
Question 10
1 / -0

What was the objective of NREGA 2005?

A
Increase production in agriculture

B
To provide food security

C
Guaranteed 100 days of employment

D
Provide health facilities

Solution

The objective of implementing the NREGA 2005 was to provide 100 days of guaranteed employment to those people in rural India who can work, and are in need of work.

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Re-Attempt Weekly Quiz Competition

Employment Growth Informational and other Issues test - 8

Result

Employment Growth Informational and other Issues test - 8

Score

-

Rank

-

SHARING IS CARING

Question 1

1 to 5

6 to 10

10 to 15

None of the above

Solution

Question 2

National Sample Survey Organization

National Sectors Standard Organization

National Sample Sectors Organization

None of these

Solution

Question 3

An engineer drawing a rough sketch of a dam

A small or marginal farmer

A lecturer teaching in a college

A doctor treating a patient in a hospital

Solution

Question 4

20

25

50

55

Solution

Question 5

State government

Central government

World bank with the help of the central government

Central government with the help of state governments and union territories

Solution

Question 6

New Revolution Employment Guarantee Act

National Rural Exchange Guarantee Act

National Rural Employment Guarantee Act

National Regional Employment Guarantee Act

Solution

Question 7

Technological unemployment

Disguised unemployment

Seasonal unemployment

Educated unemployment

Solution

Question 8

Service sector.

Primary sector.

Secondary sector.

Tertiary sector.

Solution

Question 9

$$200$$

$$300$$

$$400$$

$$500$$

Solution

Question 10

Increase production in agriculture

To provide food security

Guaranteed 100 days of employment

Provide health facilities

Solution

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