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 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The authors' reference to "compelling research by sociologist Margarita Torre" is an example of: A) Logos. B) Pathos. C) Ethos. D) Kairos. Show Answer Correct Answer: C) Ethos. 2. What is the significance of in-game purchases? A) They have no impact on the gaming industry. B) They are illegal in most countries. C) They decrease the overall revenue of video games. D) They are a popular monetisation model adding an additional revenue stream. Show Answer Correct Answer: D) They are a popular monetisation model adding an additional revenue stream. 3. The construction workers who are known as casual wage labourers. What is percentage of these workers among India's total workforce. A) 30%. B) 40%. C) 50%. D) 60%. Show Answer Correct Answer: A) 30%. 4. What are skills? A) A regular payment made by an employer to an employee. B) A profit gained from something. C) The ability to do something well. D) A job or profession. Show Answer Correct Answer: C) The ability to do something well. 5. Full employment is a condition where all available labour resources are utilized in the most efficient manner possible, with only frictional unemployment existing. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 6. The process of moving from self-employment and regular salaried employment to casual wages work is known as A) (a) Information of work force. B) (b) Casualisation of work force. C) Both (a) and (b). D) Neither (a) nor (b). Show Answer Correct Answer: B) (b) Casualisation of work force. 7. The Maximum value of MPC can be:- A) 0.5. B) Infinity. C) 1. D) 0. Show Answer Correct Answer: C) 1. 8. Which of the following occurs when the original offer is not accepted and a new offer is returned in place of the original offer? A) Replacement offer. B) Acceptance. C) Counter offer. D) Consideration. Show Answer Correct Answer: C) Counter offer. 9. The percentage of female workforce is lower in urban areas because: A) Female education in India is still a far cry. B) Females in urban areas does not prefer to take jobs. C) Job work for women is governed by family decisions. D) Both a & c. Show Answer Correct Answer: D) Both a & c. 10. A type of work where the employee is not committed to a particular employer long term. Examples:retail worker, restaurant server, tutor A) Full-Time. B) Part-Time. C) Contractor. D) Apprenticeship. Show Answer Correct Answer: B) Part-Time. 11. The amount of money you make before taxes and deductions ..... A) Gross Pay. B) Net Pay. C) All the above. D) None of the above. Show Answer Correct Answer: A) Gross Pay. 12. ..... refer to the situation when aggregate supply falls short of aggregate demand corresponding to full employment level of output in the economy. A) Deficient demand. B) Excess demand. C) Inflationary gap. D) Deflationary gap. Show Answer Correct Answer: B) Excess demand. 13. What is the definition of experience? A) The skills and knowledge required for a job. B) Knowledge or skill gained from participation in events or activities. C) An occupation undertaken for a significant period of a person's life. D) A job or profession. Show Answer Correct Answer: B) Knowledge or skill gained from participation in events or activities. 14. Reviewing job opportunity advertisements in the newspaper, on the radio or at the place of business may take more effort than some other methods, but which of the following is their advantage? A) Less competition. B) Fewer qualifications. C) Higher pay. D) More flexibility. Show Answer Correct Answer: A) Less competition. 15. Whan you are entitled to to something it means that you A) Are forbidden from doing something. B) Have the right to do something. C) Have a habbit of doing something. D) Receive a formal warning. Show Answer Correct Answer: B) Have the right to do something. 16. Employment branding is targeting: A) Experienced employees. B) Expatriates. C) Talented employees. D) Fresh graduates. E) All of them. Show Answer Correct Answer: E) All of them. 17. What is a flexible labour force? A) A labour force that is able to specialize in only one form of production. B) A labour force that can adjust quickly and smoothly to changes in market conditions. C) A labour force that is able to avoid frictional unemployment. D) A labour force that is more efficient than capital equipment. Show Answer Correct Answer: B) A labour force that can adjust quickly and smoothly to changes in market conditions. 18. Which of the following is NOT an area of employment law? A) Collective Bargaining. B) Pensions. C) Discrimination. D) Contract. Show Answer Correct Answer: D) Contract. 19. Taxes taken out of your paycheck are referred to as: A) Earned income. B) Unearned income. C) Withholdings. D) Free money. Show Answer Correct Answer: C) Withholdings. 20. When GDP increases at higher rate then employment, this type of growth is referred to as: A) Jobfull growth. B) Jobless growth. C) Growth along with employment. D) None of these. Show Answer Correct Answer: B) Jobless growth. 21. Unemployment caused by long-term changes in the patterns of demand is known as A) Cyclic Unemployment. B) Frictional Unemployment. C) Structural Unemployment. D) Seasonal Unemployment. Show Answer Correct Answer: C) Structural Unemployment. 22. A relationship built on trust A) Compensation. B) Fiduciary. C) Indemnification. D) Reimbursement. Show Answer Correct Answer: B) Fiduciary. 23. An employee that has a contract to work for a specified period of time A) Work Permit. B) Volunteer. C) Apprentice. D) Fixed-Term. Show Answer Correct Answer: D) Fixed-Term. 24. The 1040N is the form used to file your state income tax return. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 25. What is the Value of Multiplier When S =-100 + 0.2 Y (SAVING FUNCTION) A) 0.5. B) 1.5. C) 5.0. D) 4.0. Show Answer Correct Answer: C) 5.0. ← PreviousNext →Related QuizzesClass 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 1Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 2Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 3Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 4Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 5Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 6Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 8Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 9Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 10Class 11 Economics (Indian Economic Development) Chapter 7 Employment Growth, Informalisation And Other Issues Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books