Structural unemployment arises due to: MCQ with Answer and Explanation

Question

Share Report Error

Structural unemployment arises due to:

A. temporary job search

B. agricultural seasonality

C. mismatch between the skills of workers and available jobs

D. fluctuations in business cycles

Answer: Option C

Solution (By JKSSB Mock Tests)

Structural unemployment is caused by a mismatch between workers' skills and available jobs.

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

The Harrod-Domar growth model emphasizes the role of:

A. population growth

B. technological progress

C. natural resources

D. saving and capital-output ratio

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Harrod-Domar model emphasises saving rate and capital-output ratio as determinants of growth.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a feature of a socialist economy?

A. Private ownership of means of production

B. Collective ownership of means of production

C. Market determination of prices

D. Profit maximisation as the sole motive

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
In a socialist economy, the means of production are owned collectively or by the state, and economic decisions are largely centralised.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Concern Worldwide and Welthungerhilfe' publish which index?

A. Human Development Index

B. Corruption Perceptions Index

C. Ease of Doing Business Index

D. Global Hunger Index

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Concern Worldwide and Welthungerhilfe publish Global Hunger Index.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs