Disguised unemployment exists when: MCQ with Answer and Explanation

Question

Share Report Error

Disguised unemployment exists when:

A. workers are changing jobs

B. workers lack required skills

C. more workers are employed than necessary and marginal productivity of some workers is nearly zero

D. there is no work due to recession

Answer: Option C

Solution (By JKSSB Mock Tests)

Disguised unemployment means excess workers whose marginal productivity is near zero.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Treasury bills are issued by:

A. RBI on behalf of the Central Government

B. SEBI

C. State governments only

D. commercial banks

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Treasury bills are short-term debt instruments issued by the RBI on behalf of the Central Government.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'National Income Committee' in independent India was appointed in which year?

A. 1950

B. 1949

C. 1947

D. 1952

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The National Income Committee was appointed in 1949.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Sample Survey' collects data on:

A. only prices

B. only government expenditure

C. household consumption, employment and other socio-economic characteristics

D. only foreign trade

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
NSS collects data on household consumption, employment and socio-economic indicators.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs