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Recent questions tagged fundamentals-of-economics-and-management

……………. States that rapid growth of per capita income will be associated with a reduction in poverty. (a) The trickle down theory ; (b) Multiplier theory ; (c) Malthus population theory ; (d) None
Answer : (a) The trickle down theory ;...

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Which of the following is not an economic activity? (a) Painting for self use ; (b) Maintenance of Public Park by Local administration (c) Painting for commercial use ; (d) Running an Academic school 
Answer : (a) Painting for self use ;...

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Which of these is a secondary sector (a) Manufacturing sector ; (b) Transport ; (c) Forestry ; (d) Animal husbandry
Answer : (a) Manufacturing sector ;...

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Which of these is primary sector. (a) Communication ; (b) Banking ; (c) Construction ; (d) Poultry firming
Answer : (d) Poultry firming ...

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Which of these is/are the feature of an underdeveloped economy? (a) Greater inequalities ; (b) High incidence of unemployment ; (c) Orthodox means of production ; (d) All the three
Answer :  (d) All the three ...

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In an agricultural family all the family members are working the farmland of the family. Due to addition of two more person in the family they are also working in the farmland of the ... (a) Cyclical unemployment ; (b) Disguised unemployment ; (c) Frictional unemployment (d) Seasonal unemployment
Answer :  (b) Disguised unemployment ;...

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Unemployment due to mismatch between skill possessed and present available jobs (a) Cyclical unemployment (b) Structural unemployment ; (c) Frictional unemployment; (d) Seasonal unemployment 
Answer : (b) Structural unemployment ;...

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Which of these measures would not reduce natural rate of unemployment? (a) Creation of more jobs ; (b) Reducing the age of superannuation (c) Hike in unemployment allowance ; (d) Employment oriented education system
Answer : (c) Hike in unemployment allowance ;...

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The type of unemployment that includes those persons who are unemployed for an intervening period of change over in job for better job is known as (a) Seasonal unemployment ; (b) Voluntary unemployment ; (c)Frictional unemployment (d) Technical unemployment
Answer : (c)Frictional unemployment ...

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Labour cost consists of (a) All people officially employed or unemployed (b) All people over the age of 18 but less than 58 years of age (c) All youth having passed matriculate examination ; (d) All the three
Answer : (a) All people officially employed or unemployed...

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Which of the following is not a cause of unemployment in India? (a) Growing population ; (b) Lack of employment opportunity ; (c)Inappropriate education system ; (d) Liberalization
Answer : (d) Liberalization...

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Which of the following is a cause of frictional unemployment? (a) Non-availability of work due to strike and lock-out. (b) Temporary unemployment due to change over in jo(b) ; (c) Both ; (d) None
Answer : (c) Both ;...

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Structural unemployment is mainly due to (a) Structural changes in the economy ; (b) Technological development (c) Growth in GDP ; (d) Population explosion.
Answer : (a) Structural changes in the economy ;...

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Disguised unemployment refers to the situation when (a) Marginal Productivity of the surplus workers is zero (b) Marginal productivity of the surplus workers is less than average productivity ( ... surplus workers is falling sharply (d) Marginal productivity of the surplus workers is falling sharply
Answer : (a) Marginal Productivity of the surplus workers is zero...

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Disguised unemployment is mainly found in (a) Urban areas ; (b) Rural areas ; (c) Small scale sector ; (d) Highly qualified work force
Answer :  (b) Rural areas ;...

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Disguised unemployment is mainly due to (a) Under employment ; (b) Seasonal nature of work ; (c) Strike and lock-out ; (d) Structural changes in the economy
Answer : (a) Under employment ;...

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Sarvya Siksha Abhiyan policy was declared in (a) 2004 ; (b) 2001 ; (c) 1999 ; (d) 2003 ; 
Answer :  (b) 2001 ;...

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NTPC stands for (a) National Thermal Power Corporation ; (b) Naturopathy treatment project commission. (c) Natural thermal project company ; (d) National Thermal power commission 
Answer : (a) National Thermal Power Corporation ;...

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TRAI stands for (a) Trans Communication Regulatory Authority of India ; (b) Telecom Regulatory Authority of India (c) Telegraphic Regulatory Authority of India ; (d) Traffic Regulatory Authority of Indi(a) 
Answer :  (b) Telecom Regulatory Authority of India...

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Regulatory framework for Telecom sector is provided by (a) MTNL ; (b) VANL ; (c) BSNL ; (d) TRAI
Answer : (d) TRAI...

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