Which of the following is a feature of the 'Polarisation' of the labour market observed in many advanced economies? MCQ with Answer and Explanation

Which of the following is a feature of the 'Polarisation' of the labour market observed in many advanced economies?
A. Growth in high-skill and low-skill employment accompanied by a decline in middle-skill routine jobs
B. Uniform growth across all skill levels
C. Only growth in middle-skill jobs
D. Only decline in high-skill jobs
Answer: Option A
Solution (By JKSSB Mock Tests)
Job polarisation refers to the simultaneous growth of employment at the high and low ends of the skill distribution and the relative decline of middle-skill occupations that involve routine tasks susceptible to automation.

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Practice More Economy Set 1 Questions

Question #1
The 'Belt and Road Initiative' is associated with which country?
A. Japan
B. China
C. India
D. United States

Correct Answer: Option B


Explanation:
The Belt and Road Initiative is a Chinese infrastructure and trade connectivity project.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'labour force' is defined as:
A. employed plus unemployed
B. employed only
C. total population
D. working-age population only

Correct Answer: Option A


Explanation:
Labour force = employed + unemployed.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of global digital governance, the 'Digital Services Act' of the European Union focuses on:
A. Harmonised rules for intermediary services regarding content moderation, transparency and accountability
B. Only data-protection rules
C. Only competition rules for gatekeepers
D. Only e-commerce contract law

Correct Answer: Option A


Explanation:
The Digital Services Act establishes a horizontal framework of due-diligence, transparency and accountability obligations for digital intermediary services, including online platforms, with respect to illegal content and systemic risks.

This question belongs to: Economy GK Economy Set 1