Sail E0 Webinar

12th Grade > Economics - 2

EMPLOYMENT MCQs

Total Questions : 30 | Page 1 of 3 pages
Question 1. How many days of guaranteed employment will be given in a financial year under MGNREGA?
  1.    No limit
  2.    200 days 
  3.    365 days 
  4.    100 days
 Discuss Question
Answer: Option D. -> 100 days
:
D
MGNREGA provides guaranteed wage employment of 100 days to every household in rural area whose family member is engaged in unskilled manual work.
Question 2. Unemployment refers to
  1.    Unemployment is a situation of being without work (a job).  
  2.    Unemployment is a situation of being with work (a job).  
  3.    Either A or B
  4.    None of these
 Discuss Question
Answer: Option A. -> Unemployment is a situation of being without work (a job).  
:
A
Unemployment is a situation of being without work (a job).
Question 3. Development of small-scale industries will provide job opportunities to a large number of masses.
  1.    True
  2.    False
  3.    Protected by laws
  4.    None of the above
 Discuss Question
Answer: Option A. -> True
:
A
True.Development of small scale industries will provide job opportunities to large number of masses.
Question 4. A worker is an individual, who is involved in some economic activity, to earn a living.
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
:
A
True.A worker is an individual, who is involved in some economic activity, to earn a living.
Question 5. What qualifies someone as unemployed?
  1.    An illegal immigrant 
  2.    Without work 
  3.    Uneducated 
  4.    When you don't have a regular income 
 Discuss Question
Answer: Option B. -> Without work 
:
B
Unemployment is a situation of being out of work.
Question 6. GDP is the total money value of all final goods and services produced in a country in a year.
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
:
A
True.GDP is the total money value of all final goods and services produced in a country in a year.
Question 7. Unemployment leads to which of the following:
  1.    loss of manpower
  2.    loss of output 
  3.    decline in capital formation
  4.    all of these
 Discuss Question
Answer: Option D. -> all of these
:
D
Unemployment leads to loss of manpower. Loss of manpower decreases the actual output, and leads to decline in capital formation in the economy.
Question 8. What discourages woman to migrate from rural to urban areas in India? 1. Shortage of housing. 2. The high cost of living. 3. Paucity of job opportunities. 4. Lack of security in cities.
  1.    1, 2 and 3
  2.    2, 3 and 4
  3.    1, 3 and 4
  4.    1, 2, 3 and 4
 Discuss Question
Answer: Option D. -> 1, 2, 3 and 4
:
D
Migration of ‘woman’ either for education or employment enhances their autonomy and role in the economy but also increases their vulnerability shortage of housing, high cost of living. Paucity of Job opportunities, lack of security in cities are some of the factors that discourage the migration of woman from rural to urban areas. Hence, the correct answer is option (d)
Question 9. What are some of the personal costs of unemployment?
  1.    Poverty, age, boredom and isolation.
  2.    Experience, communication, education, sicklad
  3.    Poor health, discrimination, loss of skills and loss of self-esteem
  4.    Ridicule, prejudice, mental health, waffles
 Discuss Question
Answer: Option C. -> Poor health, discrimination, loss of skills and loss of self-esteem
:
C
Unemployment may result in poor health, discrimination, loss of skills and loss of self-esteem.
Question 10. What is the best description of poverty?
  1.    Being able to live at a high standard because of your wealth 
  2.    You are financially well off
  3.    Without a job, there is a regular income
  4.    WIthout a job, there is no regular income
 Discuss Question
Answer: Option D. -> WIthout a job, there is no regular income
:
D
Poverty is a situation where a person is not able to fulfill minimum requirements of life. When a person doesn't have a job and no alternate means of income, he becomes poor, because he can longer support his requirements.

Latest Videos

Latest Test Papers