Which of the following is a cause of frictional unemployment? MCQ with Answer and Explanation

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Which of the following is a cause of frictional unemployment?

A. Seasonal nature of agriculture

B. Time taken to find a new job after leaving the previous one

C. Economic recession

D. Decline of an industry

Answer: Option B

Solution (By JKSSB Mock Tests)

Frictional unemployment occurs due to the time lag involved in people searching for and moving between jobs. It is short-term and voluntary in nature.

This question belongs to: Economy GK Economy Set 1

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Question #1

The total expenditure of the government is divided into:

A. revenue expenditure and capital expenditure

B. plan and non-plan expenditure only

C. mandatory and voluntary expenditure

D. direct and indirect expenditure

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Correct Answer: Option A

Explanation:
Total government expenditure is classified into revenue expenditure and capital expenditure.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'World Development Report' is published by:

A. World Bank

B. IMF

C. WTO

D. UNCTAD

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Correct Answer: Option A

Explanation:
The World Development Report is published by the World Bank.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT recorded in the capital account of the Balance of Payments?

A. External commercial borrowing

B. FPI

C. FDI

D. Export of goods

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Correct Answer: Option D

Explanation:
Export of goods is recorded in the current account, not the capital account.

This question belongs to: Economy GK Economy Set 1

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