Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. Which of the following is a cause of frictional unemployment?
a. Non-availability of work due to strike and lock-out.
b. Temporary unemployment due to change over in jo(b)
c. Both
d. None
Q. Which of the following is not a cause of unemployment in India?
a. Growing population
b. Lack of employment opportunity
c. Inappropriate education system
d. Liberalization
Q. Labour cost consists of
a. All people officially employed or unemployed
b. All people over the age of 18 but less than 58 years of age
c. All youth having passed matriculate examination
d. All the three
Q. The type of unemployment that includes those persons who are unemployed for an intervening period ofchange over in job for better job is known as
a. Seasonal unemployment
b. Voluntary unemployment
c. Frictional unemployment
d. Technical unemployment
Q. Which of these measures would not reduce natural rate of unemployment?
a. Creation of more jobs
b. Reducing the age of superannuation
c. Hike in unemployment allowance
d. Employment oriented education system
Q. Unemployment due to mismatch between skill possessed and present available jobs
a. Cyclical unemployment
b. Structural unemployment
c. Frictional unemployment
d. Seasonal unemployment
Q. In an agricultural family all the family members are working the farmland of the family. Due to addition of two more person in the family they are also working in the farmland of the family with no additional increase in farm output. This type of unemployment is known as
a. Cyclical unemployment
b. Disguised unemployment
c. Frictional unemployment
d. Seasonal unemployment
Q. Which of these is/are the feature of an underdeveloped economy?
a. Greater inequalities
b. High incidence of unemployment
c. Orthodox means of production
d. All the three
Q. Which of these is a secondary sector
a. Manufacturing sector
b. Transport
c. Forestry
d. Animal husbandry
Q. Which of the following is not an economic activity?
a. Painting for self use
b. Maintenance of Public Park by Local administration
c. Painting for commercial use
d. Running an Academic school
Q. ……………. States that rapid growth of per capita income will be associated with a reduction in poverty.
a. The trickle down theory
b. Multiplier theory
c. Malthus population theory
d. None
Q. If no one is aware of conflict, it is generally agreed that:
a. employee-employer relations will be goo(d)
b. conflict is subversive.
c. no conflict exists.
d. conflict is inevitable.
Q. _____ is a process that begins when one party perceives that another party has negatively affected, or isabout to negatively affect, something that the first party cares about.
a. Politics
b. Consideration
c. Power
d. Conflict
Q. Which of the following is not one of the views of conflict?
a. the traditional view
b. the human relations view
c. the interactionist view
d. the inevitability view