This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Economics Indian Economic Development > Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 1 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The form employers must provide to employees by January 31 of each year that gives annual income and withholding information. (Income money received from wages and salaries, rent, interest, and profit) is? A) Form W-4. B) Form W-2. C) Form-L occasion. D) Employment Status Form. Show Answer Correct Answer: B) Form W-2. 2. The ..... sector offers jobs that are most sought-after. A) Organised. B) Secondary. C) Service. D) Unorganised. Show Answer Correct Answer: A) Organised. 3. Autonomous Consumption is ..... related to the level of Income. A) Totally. B) Inversely. C) Positively. D) Not. Show Answer Correct Answer: D) Not. 4. This goes with your resume or CV when you apply for a job. It should be written to highlight the skills that make you a good candidate for the job. A) Net pay. B) Cover letter. C) W-4. D) CV. Show Answer Correct Answer: B) Cover letter. 5. Nowadays there are some jobs pay more frequently, even after a few days. It is called a PRN job meaning pay right now.! A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 6. The discussion of social stigma faced by men in female-dominated jobs primarily appeals to: A) Emotional response. B) Logical reasoning. C) Expert authority. D) Statistics. Show Answer Correct Answer: A) Emotional response. 7. This lists your experience, education, and any special skills. A) W-4. B) FICA. C) References. D) Resume. Show Answer Correct Answer: D) Resume. 8. Resolving an industrial dispute by using an independent third party to judge and recommend an appropriate solution. A) Work-to-Rule. B) Collective Bargaining. C) Industrial Democracy. D) Arbitration. E) Deadlock. Show Answer Correct Answer: D) Arbitration. 9. Which of the following are of working age, but do not form a part of the labour force A) People who are in full-time education. B) The unemployed. C) The self-employed. D) People past the age of retirement. Show Answer Correct Answer: B) The unemployed. 10. Seasonal unemployment occurs mainly in ..... A) Agriculture. B) Banks. C) Private sector industry. D) Public sector industry. Show Answer Correct Answer: A) Agriculture. 11. Someone that is asked for short irregular periods of work with no guarantee of regular hours. A) Casual. B) Fixed-term. C) Full-time. D) None of the above. Show Answer Correct Answer: A) Casual. 12. The algebraic relationship between multiplier and MPC is: A) K= 1/MPC. B) K= 1/ 1-MPC. C) K= 1-MPC. D) K= 1+ MPC. Show Answer Correct Answer: B) K= 1/ 1-MPC. 13. This is your take-home pay after all taxes and other deductions and been subtracted from your paycheck. A) Gross pay. B) Medicare. C) FICA. D) Net pay. Show Answer Correct Answer: D) Net pay. 14. Sally is in a serious accident. She is paralyzed from the waist down but can still perform her job with a reasonable accommodation. What protects her from losing her job and requires her company to provide the accommodations to perform her job? A) Americans with Disabilities Act. B) Paralyzed Americans Act. C) Severe Handicapped Act. D) Taft-Harley Act. Show Answer Correct Answer: A) Americans with Disabilities Act. 15. When you claim exempt from withholding on your W-4 form, you will get a refund of your taxes paid in during the year when you do your tax return. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 16. What are benefits? A) A regular payment made by an employer to an employee. B) An occupation with opportunities for progress. C) A job or profession. D) An advantage or profit gained from something. Show Answer Correct Answer: D) An advantage or profit gained from something. 17. Generally speaking, it is wise to apply for which job opportunities? A) All job opportunities regardless of details. B) Any job you feel you qualify for and would enjoy. C) Any job opportunity for which you know someone at the business. D) Only jobs you feel confident you will be offered. Show Answer Correct Answer: B) Any job you feel you qualify for and would enjoy. 18. Employment branding is a continues strategy about: A) Targeting workforce. B) Developing reward system. C) Recruitment issues. D) Training challenges. Show Answer Correct Answer: A) Targeting workforce. 19. Which of the following best describes the term 'gig economy'? A) A sector dominated by seasonal work. B) An economy based on performing arts and music gigs. C) A labor market characterized by short-term contracts or freelance work. D) An economy focused on the technology and gaming industries. Show Answer Correct Answer: C) A labor market characterized by short-term contracts or freelance work. 20. Healthcare, paid time off, disability insurance, and matching contributions to a retirement account are all types of ..... available from your employer. A) Benefits. B) Pensions. C) Allowances. D) Deductions. Show Answer Correct Answer: A) Benefits. 21. Which of these character traits could be described as:-works well with others A) Honest. B) Motivated. C) Reliable. D) Cooperative. Show Answer Correct Answer: D) Cooperative. 22. Money paid to the Internal Revenue Service (IRS) to help fund the U.S. government. The amount you owe is based on how much you earn each year. A) Federal income tax. B) Gross pay. C) State income taxes. D) Medicare. Show Answer Correct Answer: A) Federal income tax. 23. A government program that provides income to workers or their survivors if an employee stops working because of retirement, disability, or death A) Social security. B) Unemployment compensation. C) Workers compensation. D) Discrimination. Show Answer Correct Answer: A) Social security. 24. There are levels of unemployment. Someone who was looking for work but gave up trying is ..... A) A high school dropout. B) Underemployed. C) Discouraged worker. D) A quitter. Show Answer Correct Answer: C) Discouraged worker. 25. Jacob is excited to start his new job as a doctor this week. He was offered a contract and gets paid a certain amount per year (or annually). Jacob's new job can be considered ..... A) Permanent Employment. B) Temporary Employment. C) All the above. D) None of the above. Show Answer Correct Answer: A) Permanent Employment. 26. Choose the correct suffix to make the word a noun for a person:employ ..... A) -ist. B) -or. C) -ian. D) -er. Show Answer Correct Answer: D) -er. 27. An entrepreneur with a struggling, but open, small business is counted as employed. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 28. What is a key focus of the Global Data Hub? A) Financial investments. B) Promoting global trade. C) Data protection and cyber security. D) Video game development. Show Answer Correct Answer: C) Data protection and cyber security. 29. Choose the correct definition:annual leave A) When you don't work for one year. B) A number of days an employee can take off. C) All the above. D) None of the above. Show Answer Correct Answer: B) A number of days an employee can take off. 30. What is the Value of MPS if MPC is given as 0.85 A) 0.35. B) 0.85. C) 0.25. D) 0.15. Show Answer Correct Answer: D) 0.15. 31. Choose the correct definition:sick pay A) Money you get when you are ill. B) Not to be able to work. C) All the above. D) None of the above. Show Answer Correct Answer: A) Money you get when you are ill. 32. What is the OSHA? A) Federal agency overseeing most employment discrimination law. B) Federal agency regulating and investigating workplace incidents. C) A group formed by employees to negotiate with the employer. D) A group formed by employers to negotiate with employees. Show Answer Correct Answer: B) Federal agency regulating and investigating workplace incidents. 33. Individuals are unemployed due to a lack in skills that modern industries need, change in technology. A) Cyclical Unemployment. B) Seasonal Unemployment. C) Frictional Unemployment. D) Structural Unemployment. Show Answer Correct Answer: D) Structural Unemployment. 34. What is the definition of training? A) A regular payment made by an employer to an employee. B) A job or profession. C) The act of teaching a person a skill or behavior. D) A profit gained from something. Show Answer Correct Answer: C) The act of teaching a person a skill or behavior. 35. Exists when an employer has led an employee to believe he or she is not an at-will employee A) Promissory estoppel. B) Implied covenant. C) Public policy tort. D) Implied contract. Show Answer Correct Answer: D) Implied contract. 36. What is the main theme of the German Supply Chain Act? A) Ensuring ethical practices in supply chains. B) Reducing supply chain costs. C) Promoting German products. D) Improving supply chain efficiency. Show Answer Correct Answer: A) Ensuring ethical practices in supply chains. 37. When a company has to pay workers higher wages, it can lead to a rise in prices for their product. This is known as ..... A) Demand pull inflation. B) Wage price spiral. C) Cyclical unemployment. D) Deflation. Show Answer Correct Answer: B) Wage price spiral. 38. Occurs when employees do the absolute minimum required, as stated in their contracts of employment. In essence, they adhere to all the rules and regulations to reduce productivity. A) Thi's Walk-out. B) Trade Unions. C) Isabelle's Work-to-rule. D) Strikes. E) No Strike Agreement. Show Answer Correct Answer: C) Isabelle's Work-to-rule. 39. Which of the following is not a key right attached to being an employee? A) Right not to be discriminated against. B) No right to holiday pay. C) Paid annual leave. D) National minimum wage. Show Answer Correct Answer: B) No right to holiday pay. 40. This is the salary before any deductions for taxes, health insurance, or retirement. A) FICA. B) Gross pay. C) Net pay. D) W-2. Show Answer Correct Answer: B) Gross pay. 41. Performance management consist of: A) Observation. B) Evaluation. C) Measurement. D) All of them. Show Answer Correct Answer: D) All of them. 42. The discussion of wage increases after men enter female-dominated jobs primarily relies on: A) Logical evidence. B) Personal anecdotes. C) Emotional appeal. D) Expert opinion. Show Answer Correct Answer: A) Logical evidence. 43. An 80 year old woman living off Social Security. A) Not in the Labor Force. B) Not Applicable / Not Counted. C) Unemployed. D) Employed. Show Answer Correct Answer: B) Not Applicable / Not Counted. 44. The principle that in any employment relationship the employer and the employee will deal with each other fairly and honestly A) Implied contract. B) Public policy tort. C) Promissory estoppel. D) Implied covenant. Show Answer Correct Answer: D) Implied covenant. 45. Which organization has Game Workers Unite partnered with in the UK? A) IGDA. B) Independent Workers Union of Great Britain. C) ESA. D) GDAA. Show Answer Correct Answer: B) Independent Workers Union of Great Britain. 46. And maybe you can gain some useful ..... A) Shifts. B) Occupations. C) Skills. D) Work. Show Answer Correct Answer: C) Skills. 47. Which audience was this article mainly meant for? A) High school students thinking about college majors. B) Men and women in the workplace. C) Doctors and nurses. D) Employers who hire more men than women. Show Answer Correct Answer: B) Men and women in the workplace. 48. Child Labor Laws between the ages of 14-15 A) Can work any job. B) Cannot work more than 40 hours total per week. C) You can work any hours. D) Can work during school hours. Show Answer Correct Answer: B) Cannot work more than 40 hours total per week. 49. Notice given to the general public, usually by publication in a newspaper A) Actual notice. B) Notice by publication. C) Respondeat superior. D) None of the above. Show Answer Correct Answer: B) Notice by publication. 50. The statement "many high-paying jobs that are mostly done by men have contracted or disappeared" appeals most strongly to: A) Logos. B) Ethos. C) Pathos. D) Personal bias. Show Answer Correct Answer: A) Logos. 51. Open unemployment is different from disguised unemployment A) True. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 52. Which sector is the main source of employment for majority of workers in India. A) Primary Sector. B) Secondary Sector. C) Tertiary Sector. D) None of these sectors. Show Answer Correct Answer: A) Primary Sector. 53. Which of the following accurately defines networking? A) The act of promoting and selling yourself to potential employers. B) The process of building and utilizing beneficial, professional relationships. C) The process of finding or becoming aware of job opportunities which are not advertised or publicized. D) The act of summarizing skills and abilities in order to display how you are qualified for a position. Show Answer Correct Answer: B) The process of building and utilizing beneficial, professional relationships. 54. Which of the following occurs when one party intentionally or unintentionally does not fulfill their contractual obligations? A) Consideration. B) Breach of contract. C) Counter offer. D) Acceptance. Show Answer Correct Answer: B) Breach of contract. 55. Who is responsible for providing the W2 form? A) Your bank. B) Your Employer. C) The IRS. D) You. Show Answer Correct Answer: B) Your Employer. 56. An employee that works less than 35 hours a week. A) Part-time. B) Full-time. C) Casual. D) None of the above. Show Answer Correct Answer: A) Part-time. 57. Who among the following would be considered as unemployed? A) A graduating student of legal age to work. B) A housewife running 2 internet shops at the same time. C) A secretary who has resigned from work & looking at job ads. D) An entrepreneur in the process of starting a new business. Show Answer Correct Answer: C) A secretary who has resigned from work & looking at job ads. 58. ..... are hired on permanent basis and also get social security benefits A) Casual workers. B) Self-employed worker. C) Regular Worker. D) None of these. Show Answer Correct Answer: C) Regular Worker. 59. Work force is the total of employed and unemployed persons A) True. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: B) FALSE. 60. Manufacturing comes under ..... sector. A) Primary. B) Secondary. C) Tertiary. D) Quaternary. Show Answer Correct Answer: B) Secondary. 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