Which of the following types of unemployment is most prevalent in Indian agriculture? MCQ with Answer and Explanation

Which of the following types of unemployment is most prevalent in Indian agriculture?
A. Frictional unemployment
B. Disguised unemployment
C. Structural unemployment
D. Cyclical unemployment
Answer: Option B
Solution (By JKSSB Mock Tests)
Disguised unemployment is most prevalent in Indian agriculture.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a desirable characteristic of money?
A. Unlimited supply
B. Durability, portability, divisibility and limited supply
C. Difficulty in storage
D. Perishability

Correct Answer: Option B


Explanation:
Good money should be durable, portable, divisible, uniform, recognisable and relatively scarce so that it can effectively perform its functions.

This question belongs to: Economy GK Economy Set 1
Question #2
The term 'Gross Fixed Capital Formation' includes:
A. Only inventory investment
B. Investment in fixed assets such as machinery, buildings and infrastructure
C. Only financial investments
D. Only construction of buildings

Correct Answer: Option B


Explanation:
Gross Fixed Capital Formation refers to the net addition to the stock of fixed assets such as plant, machinery, buildings and infrastructure during a period.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'PM Formalization of Micro Food Processing Enterprises' scheme is associated with which sector?
A. Food processing
B. IT services
C. Steel
D. Textiles

Correct Answer: Option A


Explanation:
PM FME scheme supports micro food processing enterprises.

This question belongs to: Economy GK Economy Set 1