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SSC CPO Economy Quiz 20

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SSC CPO Economy Quiz 20

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Economy is a very important subject for Railway Recruitment exams and UPSC Exams. All these questions are easily understandable format. SSC CPO Economy Quiz 20 is very useful to crack several competetive exams. Candidates can check the daily updates on SSC Official Website.

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1. What type of unemployment is found in India?
    A. Structural Unemployment B. Seasonal unemployment C. Disguise unemployment D. All of the above

Answer: Option D
2. If a person is ready to work at the prevailing wage rate in the market, but he is unable to find the work, then what type of unemployment would it be called?
    A. Voluntary unemployment B. Involuntary unemployment C. Seasonal unemployment D. None of the above

Answer: Option B
3. In which type of unemployment do the marginal productivity of the workers is zero?
    A. Disguised Unemployment B. Involuntary unemployment C. Seasonal unemployment D. Structural Unemployment

Answer: Option A
4. What type of unemployment is found in developed countries?
    A. Involuntary unemployment B. Voluntary unemployment C. Structural unemployment D. Disguised Unemployment

Answer: Option B
5. If new computers are being installed in a company and some employees are fired from the job due to lack of computer knowledge then what kind of unemployment will it be called?
    A. Disguised Unemployment B. Structural unemployment C. Hidden unemployment D. Frictional unemployment

Answer: Option D
6. What type of unemployment is found in the agriculture sector of India?
    A. Disguised Unemployment B. Voluntary unemployment C. Frictional unemployment D. None of the above

Answer: Option A
7. Cyclical and frictional unemployment are found in....... ?
    A. Less developed and developing countries both B. Developing countries C. Developed countries D. Less developed countries

Answer: Option C
8. Who developed the concept of disguised unemployment?
    A. John Keynes B. Amartya Sen C. John Robinson D. Alfred Marshall

Answer: Option C
9. What is the right formula to know the unemployment rate?
    A. Total number of unemployed / total labour force X 100 B. Total labour force / Total number of unemployed x 100 C. Total number of unemployed / total labour force x 1000 D. Total labour force / Total number of unemployed x 1000

Answer: Option A
10. Who are counted in the labour force of a country?
    A. The population of 18 to 60 years of age B. The population of 15 to 65 years of age C. The population of 18 to 65 years of age D. Population of 21 to 62 years of age

Answer: Option B
11. Who started the Zamindari system? A. John Shore B. L. Cornwallis C. Lord Minto D. William Bentinck
Answer: Option B
12. Which of the following statements is not true about Zamindari system?
    A. It was implemented in Bengal. B. In it the landowner was made the land owner. C. In this, the Zamindar gave 80% of the total tax to the British and kept 20%. D. Before independence, this practice was applicable to the area of ​​19% of India.

Answer: Option C
13. Who started the Mahalwari system?
    A. William Bentinck B. L. Cornwallis C. Sir John Shore D. None of these

Answer: Option A
14. In which two places Mahalwari system was started?
    A. Punjab and Haryana B. Bengal and Bihar C. Agra and Awadh D. Maharashtra and Jammu Kashmir

Answer: Option C
15. Which of the following is not matched correctly?
    A. Ryotwari system: Karnataka B. Zamindari system: Bengal, Bihar, Uttar Pradesh C. Mahalwari system: Awadh D. Operation Barga: West Bengal

Answer: Option A

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