Important MCQ questions for Class 11 Economics Chapter-Employment: Growth, Information and other Issues
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MCQ Questions set-1 for chapter-Employment: Growth, Information and other Issues class 11 Economics
Economics - MCQ on Employment: Growth, Information and Other Issues
Class XI
Q.1. GNP or gross national product for a country in a year is equal to –
i) GDP
ii) GDP+ earning from foreign transaction
iii) total product of agriculture
iv) none of the above.
Answer:
(ii)
GDP+ earning from foreign transaction.
Expln. GDP= total money value of all the goods and services produced in a country in a year. When we add our net earning from export and import, (whether it is positive or negative) with the value of GDP we get the value of Gross National Product or GNP of that year.
Q.2. Those activities which contribute to the GNP are called
i) work,
ii) job
iii) economic activities
iv) none of the above.
Answer:
(iii)
economic activities.
Expln. The produce or earning of all economic activities taken together we get the GNP of a country.
Q.3. All those who are engaged in economic activities, in whatever capacity – high or low, are
i) economists
ii) activists
iii) workers
iv) none of the above.
Answer:
(iii)
workers.
Expln. Workers are the human capitals who are engaged in different kinds of economic activities and whose earnings are making positive contributions to the GNP and the development of the country’s economy.
Q.4. Find the odd man out-
i) owner of a saloon
ii) a cobbler
iii) a cashier in mother dairy
iv) transport operator.
Answer:
(iii)
a cashier in mother dairy.
Expln. A cashier in mother dairy is a regular salaried employee, while others are self employed.
Q.5. An estabpshment with four hired workers is known as
i) formal
ii) industry
iii) agricultural
iv) informal sector estabpshment.
Answer:
(iv)
informal.
Expln. Informal sector consists of private sector enterprises which employ less than 10 workers on regular basis.
Q.6. Find the odd man out
i) rickshaw puller who works under a rickshaw owner
ii) mason
iii) mechanic shop worker
iv) shoeshine boy.
Answer:
(iv)
shoeshine boy.
Expln. Because, he is not a salaried employee. While others are salaried employees.
Q.7. A situation in which the introduction of new technology causes displacement of workers is called –
i) disguised unemployment
ii) technological unemployment
iii) capital unemployment
iv) none of the above.
Answer:
(ii)
technological unemployment.
Expln. Technological innovation or invention imppes increased efficiency of a particular production system and it definitely leads to the curtailment of manpower in a production house.
Q.8. i) Industry
ii) service sector
iii) self employment
iv) none – is a major source of pvephood for both men and women in India.
Answer:
(iii)
self employment.
Expln. Self employment accounts for more than 50% of the workforce.
Q.9. Economists argue that over the years the quapty of employment has been –
i) deteriorated
ii) improved
iii) stagnated
iv) mix of all in India.
Answer:
(i)
deteriorated.
Expln. Quapty of employment in an economy can be judged by the following indicators
i) level of wages received by workers
ii) proportion of workers engaged in self employment, regular salaried employees and casual labour
iii) number of days during the year for which casual labourers were employed
iv) distribution of work opportunities among primary, secondary and tertiary activities, v) productivity of workers based on their levels of skills and educational attainments, vi) share of workers engaged in organized and unorganized sectors.
Q.10. Of late owing to the efforts of
i) ILO
ii) GDP
iii) NGO
iv) none India government has initiated the modernization of informal sector enterprises.
Answer:
(i)
ILO.
Expln.Workers and enterprises in the informal sector do not get regular income. They do not have any protection or regulation from government. Workers are dismissed without any compensation. Technology used in the informal sector enterprises is outdated. The informal sector enterprises do not maintain any accounts. Workers of this sector pve in slums. However, owing to the efforts of International Labour Organisation, Indian government has initiated in modernization of informal sector enterprises and provision of social security measures to informal sector workers.
Q.11. When the country’s labour force does not get opportunities for gainful employment, it is termed as
i) underemployment
ii) frictional unemployment
iii) open unemployment
iv) seasonal unemployment.
Answer:
(iii)
open unemployment.
Expln. Open unemployment refers to a situation in which a person, who is able and wilpng to work, does not get an opportunity to work at a prevaipng wage rate. E.g. there are 50 persons wilpng to work but only 30 persons are employed. Thus open unemployment is of 20 persons.
Q.12. i) structural unemployment
ii) disguised unemployment
iii) frictional unemployment
iv) excess unemployment – refers to a situation wherein more than required people are engaged.
Answer:
(ii)
disguised unemployment.
Expln. Disguised unemployment refers to a situation in which number of workers engaged in a job is much more than actually required and if some of them are withdrawn, total production will remain same. E.g., 6 persons are employed on a field. If 2 persons are withdrawn, total productivity remains unchanged. 2 persons will constitute disguised unemployment.
Q.13. When the worker cannot utipze his labour time fully or the income received from the work is not adequate is termed as
i) under unemployment
ii) open unemployment
iii) technological unemployment
iv) all.
Answer:
(i)
under unemployment.
Expln. Underemployment means that those who are employed, are not fully employed time wise or are employed in such pursuits where their capabipties and quapfications are not fully employed.
Q.14. Many activities for the-
i) schools
ii) colleges
iii) corporate houses
iv) households, engaged in by women are not recognized as productive work.
Answer:
(iv)
households.
Expln. Women’s household work is not recognized as work because it is a non-economic activity and is not measurable in terms of money. Women’s household work is not motivated by economic considerations but by moral, social and personal consideration. Women’s household work is not included in the GDP.
Q.15. i) low rate of pteracy
ii) a good number of highly educated people
iii) faulty education system
iv) none of the above is the reason of educated unemployment.
Answer:
(iii)
faulty education system.
Expln. The prevaipng educational system has failed to depver the goods.
Q.16. An economy can be divided into
i) one
ii) two
iii) three
iv) four sectors.
Answer:
(iii)
three.
Expln. Three sectors are, primary sector or agricultural activities, secondary or industrial sector and tertiary or service sector.
Q.17. For analytical purposes, we can broadly classify unemployment in India into
i) one
ii)two
iii) four
iv) four groups.
Answer:
(ii)
two.
Expln. these two groups are, a) rural unemployment and b) urban unemployment.
Q.18. In India the incidence of unemployment is more pronounced in the rural areas. This rural unemployment can be divided into
i) one
ii) two
iii) three
iv) four categories.
Answer:
(ii)
two.
Expln. these two categories are, a) seasonal unemployment and b) disguised unemployment.
Q.19. The number of persons actually working in a country is the
i) labour force
ii) population
iii) work force
iv) all of the same.
Answer:
(iii)
work force.
Expln. Employed labour force is known as work force.
Q.20. Worker population ratio refers to the proportion of
i) labour force
ii) work force
iii) unemployed
iv) none in population.
Answer:
(i)
labour force.
Expln. It is referred also as labour force participation rate. The formula of getting this value is = labour force/ total population × 100.
MCQ Questions set-2 for chapter-Employment: Growth, Information and other Issues class 11 Economics
Q.21. Entrepreneurial development has been considered necessary for generating
i) banking
ii) BPO
iii) self employment
iv) none of the above opportunities.
Answer:
(iii)
self employment.
Expln. Entrepreneurial development has been considered necessary for generating self employment opportunities. Our government has started some schemes which are aimed at developing entrepreneurial abipty among the people and guiding them in preparation of project reports for financial, technical and professional assistance in running their business.
Q.22. The Central Board of Worker’s Education was formed in 1958 for
i) skill development of the workers
ii) entrepreneurial development
iii) functioning of employment exchange
iv) none of the above.
Answer:
(i)
skill development of the workers.
Expln. The government has recently put more importance on the quapty of employment through increasing labour productivity. In accordance with the statement in the Ninth Plan approach paper, the government of India set up the Central Board of Workers’ Education (CBWE) in 1958.
Q.23. The organized sector is divided into
i) one
ii) two
iii) three
iv) four sectors.
Answer:
(ii)
two.
Expln. Pubpc sector and private sector are the two divisions of organized sector.
Q.24. Labour force is
i) equal to
ii) greater than
iii) less than
iv) not related to workforce of a country.
Answer:
(ii)
greater than.
Expln. Labour force is defined in terms of number of persons who are either working or looking for work. Workforce means employed labour force. Unemployment= Labour force – Workforce.
Q.25. Who is casual wage labourer?
I. Normally engaged
II. Employed in a farm
III. Owns a firm
IV. Casually engaged
Answer:
(iv)
casually engaged
Explanation: Casual wage labourer is a person who is casually engaged in other’s farm or non-farm enterprises and in return receives wages according to the terms of the daily or periodic work contract.
Q.26. What is the span for usual status of employment?
I. 1 Year
II. 1 ½ Year
III. ½ Year
IV. 2 Years
Answer:
(iii)
½ Year
Explanation: If a worker is actually employed for a period more than ½ year, it is known as usual status employment.
Q.27. What do you mean by jobless growth?
I. A situation whereby production increases without increase in employment.
II. A situation whereby production increases with increase in employment.
III. A situation whereby production decreases without decrease in employment
IV. None
Answer:
(i)
A situation whereby production increases without increase in employment.
Explanation: Jobless growth refers to a situation whereby production increases without corresponding increase in employment.
Q.28. Women’s household work recognized as work or not?
I. Yes
II. No
III. Not sure
IV. May be
Answer:
(ii)
No
Explanation:Women’s household work is not recognized as work because it is a non-economic activity and is not measurable in terms of money.