Which of the following is a characteristic of 'Remote Work' or 'Telework' as a structural shift? MCQ with Answer and Explanation

Which of the following is a characteristic of 'Remote Work' or 'Telework' as a structural shift?
A. The complete disappearance of all office work
B. Only the increase in commuting
C. The potential to decouple the location of work from the location of the worker, with implications for cities, housing and labour markets
D. Only a temporary pandemic phenomenon without lasting effects
Answer: Option C
Solution (By JKSSB Mock Tests)
The expansion of remote work enabled by digital technologies allows many jobs to be performed outside traditional offices, with potentially far-reaching consequences for urban form, housing demand, regional development and work organisation.

Discuss this Question (0)

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

Practice More Economy Set 1 Questions

Question #1
The 'Export Import Bank of India' provides:
A. export credit and finance
B. retail banking
C. microfinance
D. crop loans

Correct Answer: Option A


Explanation:
EXIM Bank provides export credit and finance.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'accelerator coefficient' is the ratio of:
A. saving to investment
B. investment to consumption
C. investment to output
D. change in investment to change in output

Correct Answer: Option D


Explanation:
The accelerator is the ratio of induced investment to a change in output.

This question belongs to: Economy GK Economy Set 1
Question #3
The concept of 'Liquidity Trap' implies that monetary policy becomes ineffective because:
A. People prefer to hold cash at very low interest rates
B. Interest rates are very high
C. Investment is highly interest-elastic
D. Money demand is interest-inelastic

Correct Answer: Option A


Explanation:
In a liquidity trap, interest rates are near zero and the demand for money becomes perfectly elastic; additional money supply is absorbed as idle balances without reducing interest rates further.

This question belongs to: Economy GK Economy Set 1