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Q:

The Ministry of Labour and Employment, in January 2018, announced how many persons for Prime Minister's Shram Awards for the year 2016?

 

 

A) 16 B) 34
C) 50 D) 64
 
Answer & Explanation Answer: C) 50

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

Read the question and answer from the given information.

 

Should the govt stop giving permission to new industries.

 

Argument 1: Yes, new industries create environmental pollution

Argument 2: No, New industries improves employment and takes part in economic growth of country

 

A) II only is correct B) Neither I nor II is correct
C) Either I or II is correct D) I only is correct
 
Answer & Explanation Answer: A) II only is correct

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

Generally unemployment in a developing country takes place because of ___________.

 

A) lack of complementary factors of production B) seasonal factors
C) lack of effective demand D) switch over from one job to another
 
Answer & Explanation Answer: A) lack of complementary factors of production

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

The salaried class may feel hard done by (1)/ and the young may not seeing a swift surge in (2)/ employment opportunities as a result of the Budget proposals.(3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

Q:

Unemployment is an example of which of the following?

A) interest risk B) inflation risk
C) personal risk D) income risk
 
Answer & Explanation Answer: D) income risk

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

What does cyclical unemployment mean?

 

A) Unemployment during recessionary phase of trade cycle B) Disguised unemployment
C) Seasonal unemployment D) Voluntary unemployment
 
Answer & Explanation Answer: A) Unemployment during recessionary phase of trade cycle

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand is called

A) Structural unemployment B) Frictional unemployment
C) Seasonal unemployment D) Cyclical unemployment
 
Answer & Explanation Answer: A) Structural unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Full employment is the level at which there is _____.

A) no frictional unemployment B) no cyclical unemployment
C) no structural unemployment D) no unemployment
 
Answer & Explanation Answer: B) no cyclical unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams