Which of the following is/are correct?
I. Bulk of unemployment in India is in rural areas
II. The disguised unemployment in agriculture sector is perennial
III. Industrialisation has rendered several people job-less in India

A) I and II

B) I, II and III

C) I only

D) II and III

Correct Answer:
A) I and II

Part of solved Poverty and Unemployment questions and answers : General Knowledge >> Economy >> Poverty and Unemployment


No comments available

Similar Questions
1). Among the reasons for disguised unemployment in the rural area is :
A). choice of a heavy industry model for economic development
B). low levels of technological development in the country
C). heavy pressure of population along with slow implementation of land reforms
D). high literacy rate
-- View Answer
2). Unemployment in a developing country generally takes place due to :
A). switch over from one job to another
B). lack of effective demand
C). seasonal factors
D). lack of complementary factors of production
-- View Answer
3). Cyclical unemployment refers to :
A). seasonal unemployment
B). disguised unemployment
C). voluntary unemployment
D). unemployment during recessionary phase of a trade cycle
-- View Answer
4). The Food For Work programme was renamed as :
A). Rural Landless Employment Guarantee Programme (RLEGP)
B). National Rural Employment Programme (NREP)
C). Jawahar Rozgar Yojana (JRY)
D). Integrated Dural Development Programme (IRDP)
-- View Answer
5). The cause of inflation is :
A). increase in money supply
B). fall in production
C). increase in money supply and fall in production
D). decrease I money supply and fall in production
-- View Answer

6). Who among the following is most benefitted from inflation?
A). Government pensioners
B). Creditors
C). Savings Bank Account holders
D). Debtors
-- View Answer
7). Which of the following groups suffer the most from inflation?
A). Debtors
B). Creditors
C). Business class
D). Holders of real assets
-- View Answer
8). Minimum inflation in post economic reform was in :
A). 1999-2000
B). 2000-01
C). 2001-02
D). 2002-03
-- View Answer
9). Inflation implies :
A). rise in budget deficit
B). rise in money supply
C). rise in general price index
D). rise in prices of consumer goods
-- View Answer
10). The situation with increasing unemployment and inflation is termed as :
A). hyperinflation
B). galloping inflation
C). stag inflation
D). reflation
-- View Answer