Question : Which one of the following is also regarded as disguised unemployment?
Option 1: Under employment
Option 2: Frictional unemployment
Option 3: Seasonal unemployment
Option 4: Cyclical unemployment
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Correct Answer: Under employment
Solution : The correct option is Under unemployment.
In this type of underemployment, a person contributes less to the Indian economy than they can do. For example, an engineer works as a clerk in a small location.
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Question : ______ Unemployment occurs with changes in economic activity over the business cycle.
Option 1: Frictional
Option 2: Cyclical
Option 3: Structural
Option 4: Technological
Question : In India, what type of unemployment is created due to lack of employable skills among the educated youths in India?
Option 1: Structural unemployment
Option 2: Educated unemployment
Option 3: Cyclical unemployment
Option 4: Technological unemployment
Question : Unemployment arising due to a mismatch between job availability in the market and the skills of available workers is called ___________?
Option 1: seasonal
Option 2: structural
Option 3: economical
Option 4: frictional
Question : Stagflation refers to a situation which is characterised by
Option 1: Stagnant employment and deflation
Option 2: deflation and rising unemployment
Option 3: inflation and rising employment
Option 4: inflation and rising unemployment
Question : Which of the following countries is regarded as the home of 'Fabian Socialism '?
Option 1: Russia
Option 2: England
Option 3: France
Option 4: Italy
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