poverty & unemployment section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6 [HPPSC (Pre) 2016]

In India, life expectancy is

a) 75.5 years

b) 65.3 years

c) 68.8 years

d) 71.2 years

Answer: (c)

Question : 7 [CDS-2016-I]

Which of the following statements is / are true with respect to Phillips curve?

  1. It shows the trade - off between unemployment and inflation
  2. The downward sloping curve of Phillips curve is generally held to be valid only in the short run.
  3. In the long run , Phillips Curve is usually thought to be horizontal at the non accelerating inflation rate of unemployment (NAIRU)
Select the correct answer using the code given below:

a) 1 and 2 only

b) 1 only

c) 2 and 3 only

d) 1, 2 and 3

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 : 8 [UPPCS (Pre) 2014]

The concept of ‘Vicious Circle of Poverty’ is related to

a) Adam Smith

b) None of these

c) Karl Marx

d) Nurkse

Answer: (d)

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: (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: (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.

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1244 poverty & unemployment based indian economy MCQ section 4 question answer with explanation pdf

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