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Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce PDF Download

Multiple Choice Questions


Q1: Which of the following factors contribute to the growth of employment in India?
(a) Rapid industrialization
(b) Technological advancements
(c) Government policies promoting entrepreneurship
(d) All of the above
Ans:
(d) All of the above

Q2: Informalisation of the workforce refers to:
(a) Increase in formal employment opportunities
(b)) A shift from formal employment to informal and casual jobs
(c) Decrease in total employment rate
(d) Strict government regulations on employment
Ans: 
(b) A shift from formal employment to informal and casual jobs

Q3: Which sector of the economy has the highest share in total employment in India?
(a) Agricultural sector
(b) Manufacturing sector
(c) Service sector
(d) Mining sector
Ans:
(a) Agricultural sector

Q4: In the context of employment, what does 'disguised unemployment' refer to?
(a) High level of unemployment in urban areas
(b) Low productivity of workers in agricultural activities
(c) More workers engaged in a task than required
(d) Seasonal unemployment in rural areas
Ans: 
(c) More workers engaged in a task than required

Q5: The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) guarantees employment for how many days in a year?
(a) 50 days
(b) 100 days
(c) 150 days
(d) 200 days
Ans:
(b) 100 days

True and False


Q1: Informal employment typically offers job security and social benefits to workers.
Ans:
False

Q2: Seasonal unemployment occurs when people are unable to find jobs during specific seasons of the year.
Ans:
True

Q3: The service sector in India has shown a declining trend in employment generation.
Ans: 
False

Q4: Skill development programs do not play a significant role in reducing unemployment in India.
Ans:
False

Q5: Technological advancements always lead to a decrease in employment opportunities.
Ans:
False

Match the Following


Q1: Match the type of employment with its characteristic:
Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce
Ans:

Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce

Q2: Match the sector with its share in total employment in India:
Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce
Ans:

Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce

Q3: Match the employment challenge with its description:
Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce
Ans:

Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce

Very Short Answers


Q1: Explain the concept of formal employment.
Ans: 
Formal employment refers to employment in jobs that provide job security, regular income, and various benefits such as health insurance and retirement plans. These jobs are usually regulated by the government, ensuring certain labor rights for the employees.

Q2: What is the role of the service sector in employment generation?
Ans:
The service sector, including industries like healthcare, education, finance, and IT, has become a significant source of employment in India. It provides diverse job opportunities and contributes significantly to the country's GDP.

Q3: Define underemployment.
Ans: 
Underemployment occurs when individuals are employed in jobs that do not fully utilize their skills, qualifications, or experience. It often leads to dissatisfaction and lower productivity.

Q4: How does disguised unemployment affect agricultural productivity?
Ans: 
Disguised unemployment, where more workers are engaged in agricultural tasks than necessary, reduces overall agricultural productivity. It indicates inefficiency in resource utilization and hampers the economic growth of the sector.

Q5: Name one government initiative in India aimed at enhancing skill development and employment.
Ans: 
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a government initiative in India focused on skill development, providing training programs to enhance employability and bridge the gap between demand and supply of skilled workforce.

Short Answers

Q1: Discuss the challenges faced by the informal sector workers in India.
Ans: 

  • Lack of job security and benefits
  • Low wages and exploitation
  • Limited access to formal financial services
  • Absence of legal protection and social security measures
  • Vulnerability to economic fluctuations


Q2: Explain the concept of seasonal unemployment. Provide examples.
Ans: 
Seasonal unemployment occurs when people are unemployed during specific seasons due to the nature of their work.
Examples include agricultural workers during non-harvesting seasons and tourism-related employees in off-peak periods.

Q3: How can education and skill development programs contribute to reducing unemployment in India?
Ans: 

  • Education imparts necessary knowledge and skills, enhancing employability.
  • Skill development programs focus on specific job-related skills, making individuals job-ready.
  • Both empower individuals to secure formal employment or entrepreneurial opportunities, thereby reducing unemployment rates.


Q4: Discuss the impact of technological advancements on employment patterns.
Ans:

  • Automation and technology can lead to job displacement in certain sectors.
  • They also create new job opportunities in fields like artificial intelligence, cybersecurity, and data analysis.
  • Upskilling and adapting
The document Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 | Economics Class 12 - Commerce is a part of the Commerce Course Economics Class 12.
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FAQs on Worksheet Solutions: Employment: Growth, Informalisation and other issues- 1 - Economics Class 12 - Commerce

1. What is the current growth rate of employment in the informal sector?
Ans. The current growth rate of employment in the informal sector is 2.1%.
2. What are the major challenges faced by workers in the informal sector?
Ans. Workers in the informal sector face challenges such as lack of job security, low wages, and limited access to social security benefits.
3. How does informalisation of employment impact the overall economy?
Ans. Informalisation of employment can lead to lower productivity, income inequality, and a weaker social safety net, impacting the overall economy negatively.
4. What measures can be taken to address the issue of informalisation of employment?
Ans. Measures such as promoting formal employment, providing skill development programs, and strengthening social security systems can help address the issue of informalisation of employment.
5. What role does government policy play in shaping employment trends?
Ans. Government policy plays a crucial role in shaping employment trends by influencing factors such as labor laws, taxation policies, and investment in education and training programs.
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