Government Schemes

Q.

Explain the meaning of labour supply, labour force and workforce.

Q.

What is primary activity explain with example?

Q.

Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?

Q.

The workforce population includes people from 15 years to (a) (b) (c) (d) - GK Q&A

1. 59 years

2. 62 years

3. 60 years

4. 65 years

Q.

What role do trade unions play in the protection of the workforce?

Q.

How will you know whether a worker is working in the informal sector?

Q.

What should be the main elements of 'employment policy' in India in the present context?

Q. Discuss the merits and demerits of a socialist economy.

Q. State the central problems of an economy. Why do they arise?

Q. Define mixed economy. Why has India adopted mixed economy?

Q.

___ refers to a situation when a person who is willing and able to do work at existing wage rate but do not get work.

Q. Employment generation programmes by the government are categorised into .

1. formal-informal
2. regular-casual
3. direct-indirect
4. free-paid

Q. Hired workers are paid wages or ___ as a reward for their services.

Q. Mahatma Gandhi National Rural Employment Guarantee Act aims at providing _____.

1. 365 days work in rural areas.
2. employment to rural people in government offices.
3. 200 days of work/year in rural areas.
4. 100 days of wage employment in a year to rural households.

Q. Industrial Sector contributes about _________ to the country's GDP.

1. nil
2. 50%
3. 31%
4. 100%

Q. If the economy is producing a combination of goods inside its production possibilities frontier then __________.

1. resources are being optimally used
2. there is fall in demand of the goods being produced
3. there is qualitative improvement in technology
4. some of the resources are lying idle

Q. How many types of industries are there in India? Describe the industries on the basis of ownership?

Q.

Small scale industries are generally capital intensive.

1. False

2. True

Q. [dummy- to be replaced] How many days of guaranteed employment will be given in a financial year under MGNREGA?

1. No limit
2. 200 days
3. 365 days
4. 100 days

Q. If SAIL increases its production for the year and raises output, it generates employment through the method.

1. direct
2. indirect
3. formal
4. informal

Q. Write a short note on the indentured labour.

Q. In India, the means of production are _______.

1. exclusively in government's hands
2. exclusively in private hands.
3. none of the above is true.
4. jointly in government and private hands.

Q. Which of these can be considered main difference between capitalism and socialism?

1. Capitalism exploits the worker and socialism exploits the property owner.
2. Capitalism relies on the market to make economic decisions and socialism uses central planning
3. Capitalism grows through rent seeking and socialism grows through government direction
4. Capitalism leads to communal tension but socialism leads to social harmony

Q. Give the meaning of full employment.

Q. Manufacturing industries are part of which activity?

1. Quarrying
2. Tertiary activity
3. Primary activity
4. Secondary activity

Q. All of the goods which are scarce and limited in supply are called _______.

1. capital goods
2. economic goods
3. luxury goods
4. expensive goods

Q. Complete the sentence with a suitable option:
The passage mentions each of the following as an appropriate kind of governmental action EXCEPT _______________

1. Encouraging equitable pay for temporary and permanent employees.
2. Getting firms to offer temporary employment primarily to a certain group of people.
3. Facilitating the organization of temporary workers by labor unions.
4. Establishing guidelines on the proportion of temporary workers that firms should employ.
5. Ensuring that temporary workers obtain benefits from their employers.

Q. MNREGA is related to

1. Right to education
2. Right to work
3. Right to Life
4. Right to equality

Q. The government in a mixed economy controls production in ____________ as well as ____________ sector so as to ensure adequate availability of necessities.

1. primary, industrial
2. public, private
3. banking, agricultural
4. public, construction

Q. Which of the following sectors of economy is also called Industrial sector?

1. Secondary
2. Tertiary
3. None of these
4. Primary