Free Employment 03 Practice Test - 12th Grade - Commerce
Question 1
Unemployment leads to which of the following:
loss of manpower
loss of output
decline in capital formation
all of these
SOLUTION
Solution : 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 2
Seasonal unemployment is found in urban areas.
True
False
SOLUTION
Solution : B
Seasonal unemployment is found in rural areas.
Question 3
Industrial unemployment is a phenomenon of urban employment.
True
False
SOLUTION
Solution : A
True. Industrial unemployment includes those illiterate persons who are willing to work in industries, mining, transport, trade and construction activities etc. It is a phenomenon of urban unemployment.
Question 4
What are some of the personal costs of unemployment?
Poverty, age, boredom and isolation.
Experience, communication, education, sicklad
Poor health, discrimination, loss of skills and loss of self-esteem
Ridicule, prejudice, mental health, waffles
SOLUTION
Solution : C
Unemployment may result in poor health, discrimination, loss of skills and loss of self-esteem.
Question 5
Unemployment refers to
Unemployment is a situation of being without work (a job).
Unemployment is a situation of being with work (a job).
Either A or B
None of these
SOLUTION
Solution : A
Unemployment is a situation of being without work (a job).
Question 6
What is the best description of poverty?
Being able to live at a high standard because of your wealth
You are financially well off
Without a job, there is a regular income
WIthout a job, there is no regular income
SOLUTION
Solution : 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.
Question 7
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.
2, 3 and 4
1, 3 and 4
1, 2, 3 and 4
SOLUTION
Solution : 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 8
How many days of guaranteed employment will be given in a financial year under MGNREGA?
No limit
200 days
365 days
100 days
SOLUTION
Solution : 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 9
What does participation rate measure?
The participation rate measures the active portion of an economy's labor force.
The participation rate measures the number of people who are looking for work.
The participation rate measures the number of people in the age group of 15-39 years who are actively employed.
The participation rate measures the percentage of workforce engaged in economic activites.
SOLUTION
Solution : A
The participation rate is a measure of the active portion of an economy's labor force. It refers to the number of people who are either employed or are actively looking for work.
Question 10
Casual workers are those who work for others in farm or non-farm enterprises and are paid wages that are daily or periodic in nature.
SOLUTION
Solution : A
Casual workers are wage earners.