Which of the following is NOT a type of unemployment based on cause? MCQ with Answer and Explanation

Which of the following is NOT a type of unemployment based on cause?
A. Structural
B. Frictional
C. Voluntary as the only cause-based type
D. Cyclical
Answer: Option C
Solution (By JKSSB Mock Tests)
While unemployment can be voluntary or involuntary, the standard cause-based classification includes frictional, structural, cyclical and seasonal unemployment.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on admission to amusement parks is:
A. 5%
B. 18%
C. 12%
D. 28%

Correct Answer: Option B


Explanation:
Amusement park admissions attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on gym and fitness services is:
A. 5%
B. 12%
C. 18%
D. 28%

Correct Answer: Option C


Explanation:
Gym and fitness services attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Bombay Stock Exchange' is the oldest stock exchange in Asia and was established in:
A. 1875
B. 1947
C. 1850
D. 1900

Correct Answer: Option A


Explanation:
BSE was established in 1875.

This question belongs to: Economy GK Economy Set 1