SSC economy quiz 7 September 22, 2018 September 22, 2018 Please enter your email: 1. India’s wage policy is based on : cost of living standard of living productivity None of the above 2. Cyclical unemployment refers to: disguised unemployment seasonal unemployment unemployment during recessionary phase of a trade cycle voluntary unemployment 3. Persons below the poverty line in India are classified as such based on whether: they belong to agricultural labourer household and the scheduled caste/tribe social group their daily wages fall below the prescribed minimum wages they are entitled to a minimum prescribed food basket they get work for a prescribed minimum number of days in a year 4. Unemployment in a developing country generally takes place due to : seasonal factors switch over from one job to another lack of effective demand lack of complementary factors of production 5. The type of unemployment mostly found in India can be characterised as : disguised cyclical structural frictional 6. Which of the following groups of states has the largest concentration of rural poor and Karnataka, Maharashtra, Goa Goa, Andhra Pradesh, Maharashtra Andhra Pradesh, Karnataka, Tamil Nadu Tamil Nadu, Kerala, Goa 7. Among the reasons for disguised unemployment in the rural areas is : low levels of technological development in the country high illiteracy rate heavy pressure of population along with slow implementation of land reforms choice of a heavy industry model for economic development 8. Unemployment which occurs when workers move from one job to another job is known technological unemployment cyclical unemployment frictional unemployment seasonal unemployment 9. The ‘Slack Season’ in the Indian Economy is: March – April Sept. – Dec Jan. – June Feb. – April 10. One of the reasons for India’s occupational structure remaining more or less the same investment pattern has been directed towards capital intensive industries ceilings on land holdings have enabled more people to- own land and hence their preference to stay with agriculture people are largely unaware of the significance of transition from agriculture to industry for economic development productivity in agriculture has been high enough to induce people to stay with agriculture Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related