Free Employment 01 Practice Test - 12th Grade - Commerce
Question 1
Employment is an economic activity which enables a person to earn means of living.
True
False
SOLUTION
Solution : A
True. Employment is an economic activity which enables a person to earn means of living.
Question 2
The workers of a formal sector are not entitled to social security benefits like pension, medical allowance etc.
True
False
SOLUTION
Solution : B
False. The workers of a formal sector are entitled to social security benefits like pension, medical allowance etc.
Question 3
Informalisation refers to a situation when the proportion of the workforce in the informal sector to total workforce increases
True
False
SOLUTION
Solution : A
True. Informalisation refers to a situation when the proportion of the workforce in the informal sector to total workforce increases.
Question 4
Which of the following is a type of wage employment?
Regular workers
Casual workers
Both (a) and (b)
None of the above
SOLUTION
Solution : C
Both regular and casual workers are hired for wages.
Question 5
Which of the following is a feature of the Informal sector?
Social security benefits
Less earning
Protected by laws
None of the above
SOLUTION
Solution : B
Workers in the informal sector are paid unfairly low wages.
Question 6
Development of small-scale industries will provide job opportunities to a large number of masses.
True
False
SOLUTION
Solution : A
True. Development of small scale industries will provide job opportunities to large number of masses.
Question 7
Improvement in the education system will create more skilled labour.
True
False
SOLUTION
Solution : A
True. Improvement in the education system will create more skilled labour.
Question 8
Small scale industries are generally capital intensive.
True
False
SOLUTION
Solution : B
False. Small-scale industries are generally more labour intensive.
Question 9
Which of the following is the cause of unemployment in India?
Rapidly rising population
Slow economic growth
Lack of education
All of the above
SOLUTION
Solution : D
All these are reasons of rapid increase in unemployment in India.
Question 10
In the Informal sector, workers are entitled to social security benefits.
True
False
SOLUTION
Solution : B
False. In Informal sector, workers are not entitled to social security benefits.