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Test: Employment Growth And Other Issues - 1


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10 Questions MCQ Test Indian Economy for UPSC CSE | Test: Employment Growth And Other Issues - 1

Test: Employment Growth And Other Issues - 1 for Teaching 2022 is part of Indian Economy for UPSC CSE preparation. The Test: Employment Growth And Other Issues - 1 questions and answers have been prepared according to the Teaching exam syllabus.The Test: Employment Growth And Other Issues - 1 MCQs are made for Teaching 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Employment Growth And Other Issues - 1 below.
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Test: Employment Growth And Other Issues - 1 - Question 1

The sum of the value of all final goods and services produced within the democratic territory of a country in a year is

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 1

GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country. 

Test: Employment Growth And Other Issues - 1 - Question 2

When added net factor income from abroad to GDP we get

Test: Employment Growth And Other Issues - 1 - Question 3

Those activities which contributes to GNP are called

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 3

Economic activity is the activity of making, providing, purchasing, or selling goods or services. Any action that involves producing, distributing, or consuming products or services is an economic activity. Additionally, any activities involving money or the exchange of products or services are economic activities.

Test: Employment Growth And Other Issues - 1 - Question 4

Capital formation in underdeveloped countries is a major bottleneck. The reason can be

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 4

Capital formation refers to investment in tools, machinery, buildings etc. inequalities in the economy is also a reason behind this.

Test: Employment Growth And Other Issues - 1 - Question 5

Non-farm enterprises include

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 5

Non-Farm-Sector (RNFS) includes all economic activities viz., household and non-household manufacturing, handicrafts, processing, repairs, construction, mining and quarrying, transport, trade, communication, community and personal services etc. in rural areas.

Test: Employment Growth And Other Issues - 1 - Question 6

The unemployment rate for ______ are found to be higher than for _____

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 6

Hardly 22 percent of women are employed in the country. Roughly 78 percent of women are busy with domestic chores.

Test: Employment Growth And Other Issues - 1 - Question 7

Labour force refers to

Test: Employment Growth And Other Issues - 1 - Question 8

Which of the following is false regarding labour force

Test: Employment Growth And Other Issues - 1 - Question 9

The service sector includes activities such as:

Test: Employment Growth And Other Issues - 1 - Question 10

Work participation rate is

Detailed Solution for Test: Employment Growth And Other Issues - 1 - Question 10

The labor force participation rate is a measure of an economy's active workforce. The formula for the number is the sum of all workers who are employed or actively seeking employment divided by the total noninstitutionalized, civilian working-age population.

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