This quiz works best with JavaScript enabled. Home > Class 11 > 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 (25 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-2. B) Form W-4. C) Employment Status Form. D) Form-L occasion. Show Answer Correct Answer: A) Form W-2. 2. The ..... sector offers jobs that are most sought-after. A) Organised. B) Unorganised. C) Service. D) Secondary. 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) CV. B) Net pay. C) W-4. D) Cover letter. Show Answer Correct Answer: D) 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) Statistics. B) Emotional response. C) Expert authority. D) Logical reasoning. Show Answer Correct Answer: B) Emotional response. 7. This lists your experience, education, and any special skills. A) Resume. B) References. C) FICA. D) W-4. Show Answer Correct Answer: A) Resume. 8. Resolving an industrial dispute by using an independent third party to judge and recommend an appropriate solution. A) Collective Bargaining. B) Arbitration. C) Deadlock. D) Industrial Democracy. E) Work-to-Rule. Show Answer Correct Answer: B) Arbitration. 9. Which of the following are of working age, but do not form a part of the labour force A) People past the age of retirement. B) People who are in full-time education. C) The self-employed. D) The unemployed. Show Answer Correct Answer: D) The unemployed. 10. Seasonal unemployment occurs mainly in ..... A) Private sector industry. B) Public sector industry. C) Agriculture. D) Banks. Show Answer Correct Answer: C) 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-MPC. C) K= 1/ 1-MPC. D) K= 1/MPC. Show Answer Correct Answer: C) 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) Net pay. C) Medicare. D) FICA. Show Answer Correct Answer: B) 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 advantage or profit gained from something. C) An occupation with opportunities for progress. D) A job or profession. Show Answer Correct Answer: B) 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) Cooperative. D) Reliable. Show Answer Correct Answer: C) 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) State income taxes. B) Medicare. C) Gross pay. D) Federal income tax. Show Answer Correct Answer: D) 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) Discrimination. B) Social security. C) Unemployment compensation. D) Workers compensation. Show Answer Correct Answer: B) 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) Discouraged worker. C) Underemployed. D) A quitter. Show Answer Correct Answer: B) 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. 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