poverty & unemployment section 4 Practice Questions Answers Test with Solutions & More Shortcuts
Poverty & Unemployment PRACTICE TEST [4 - EXERCISES]
poverty & unemployment section 1
poverty & unemployment section 2
poverty & unemployment section 3
poverty & unemployment section 4
Question : 7 [CDS-2016-I]
Which of the following statements is / are true with respect to Phillips curve?
- It shows the trade - off between unemployment and inflation
- The downward sloping curve of Phillips curve is generally held to be valid only in the short run.
- In the long run , Phillips Curve is usually thought to be horizontal at the non accelerating inflation rate of unemployment (NAIRU)
a) 1 and 2 only
b) 1 only
c) 2 and 3 only
d) 1, 2 and 3
Answer »Answer: (a)
The long-run Phillips curve is now seen as a vertical line at the natural rate of unemployment, where the rate of inflation has no effect on unemployment.
Question : 9 [UPPCS (Mains) 2012]
India is at which of following stages of Demographic Transition?
a) Reduction in birth rate but the reduction in death rate is higher than reduction in birth rate
b) Reduction in mortality rate while birth rate continues to be high
c) Population level stabilises with number of births and deaths being low and equal
d) Birth rates and death rates are both low
Answer »Answer: (a)
Question : 10
When the productive capacity of the economic systems of a state is inadequate to create sufficient number of jobs, it is called
a) seasonal unemployment
b) disguised unemployment
c) structural unemployment
d) cyclical unemployment
Answer »Answer: (d)
Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment.
It occurs during periods of slow economic growth or during periods of economic contraction.
IMPORTANT indian economy mcq EXERCISES
Poverty & Unemployment Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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