Seasonal Unemployment is generally seen in which section of Economy? [#925]
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Q1. Seasonal Unemployment is generally seen in which section of Economy?
Q1. Seasonal Unemployment is generally seen in which section of Economy?
(A) Industrial Sector
(A) Industrial Sector
(A) Industrial Sector
(B) Service Sector
(B) Service Sector
(B) Service Sector
(C) Agriculture Sector
(C) Agriculture Sector
(C) Agriculture Sector
(D) Business Sector
(D) Business Sector
(D) Business Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others.
Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
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Related MCQ Quizzes
Q1. When was Assam Agricultural University established?
Q1. When was Assam Agricultural University established?
(A) 1948
(A) 1948
(A) 1948
(B) 1975
(B) 1975
(B) 1975
(C) 1960
(C) 1960
(C) 1960
(D) 1969
(D) 1969
(D) 1969
Answer: (D) 1969
Answer: (D) 1969
Answer: (D) 1969
The Assam Agricultural University (AAU) was established on April 1, 1969. The university is located in Jorhat, Assam, and is the first institution of agricultural education in North-East India.
The Assam Agricultural University (AAU) was established on April 1, 1969. The university is located in Jorhat, Assam, and is the first institution of agricultural education in North-East India.
The Assam Agricultural University (AAU) was established on April 1, 1969. The university is located in Jorhat, Assam, and is the first institution of agricultural education in North-East India.
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Q2. A continuous rise in the price level is called
Q2. A continuous rise in the price level is called
(A) stagflation
(A) stagflation
(A) stagflation
(B) deflation
(B) deflation
(B) deflation
(C) hyperinflation
(C) hyperinflation
(C) hyperinflation
(D) inflation
(D) inflation
(D) inflation
Answer: (D) inflation
Answer: (D) inflation
Answer: (D) inflation
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past.
Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment.
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
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Q3. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q3. Which of the following Indian Economist won Nobel Prize in Economic Science?
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(B) C. V. Raman
(B) C. V. Raman
(B) C. V. Raman
(C) Arundhti Roy
(C) Arundhti Roy
(C) Arundhti Roy
(D) Amartya Sen
(D) Amartya Sen
(D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
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Q4. Who is known as the father of Economics?
Q4. Who is known as the father of Economics?
(A) David Richardo
(A) David Richardo
(A) David Richardo
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) Adam Smith
(C) Adam Smith
(C) Adam Smith
(D) Lionnel Robbins
(D) Lionnel Robbins
(D) Lionnel Robbins
Answer: (C) Adam Smith
Answer: (C) Adam Smith
Answer: (C) Adam Smith
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline.
Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
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Q5. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
Q5. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
(A) Microeconomics
(A) Microeconomics
(A) Microeconomics
(B) Macroeconomics
(B) Macroeconomics
(B) Macroeconomics
(C) Econometrics
(C) Econometrics
(C) Econometrics
(D) Classical Economics
(D) Classical Economics
(D) Classical Economics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Microeconomics
Microeconomics
Microeconomics
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Q6. The Assam Co-operative Apex Bank plays a crucial role in supporting which sector of the economy?
Q6. The Assam Co-operative Apex Bank plays a crucial role in supporting which sector of the economy?
(A) Agriculture
(A) Agriculture
(A) Agriculture
(B) Information Technology
(B) Information Technology
(B) Information Technology
(C) Tourism
(C) Tourism
(C) Tourism
(D) Heavy Industries
(D) Heavy Industries
(D) Heavy Industries
Answer: (A) Agriculture
Answer: (A) Agriculture
Answer: (A) Agriculture
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
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Q7. Who is called the Father of Modern Economics?
Q7. Who is called the Father of Modern Economics?
(A) John Maynard Keynes
(A) John Maynard Keynes
(A) John Maynard Keynes
(B) Adam Smith
(B) Adam Smith
(B) Adam Smith
(C) Alfred Marshall
(C) Alfred Marshall
(C) Alfred Marshall
(D) Karl Marx
(D) Karl Marx
(D) Karl Marx
Answer: (B) Adam Smith
Answer: (B) Adam Smith
Answer: (B) Adam Smith
Adam Smith
Adam Smith
Adam Smith
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Q8. An income which is not declared by a person or a group of persons in a nation is termed as?
Q8. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Q9. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
Q9. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
(A) John Maynard Keynes
(A) John Maynard Keynes
(A) John Maynard Keynes
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) David Ricardo
(C) David Ricardo
(C) David Ricardo
(D) Adam Smith
(D) Adam Smith
(D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Adam Smith
Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
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Q10. Which social science studies the production, distribution and consumption of wealth?
Q10. Which social science studies the production, distribution and consumption of wealth?
(A) Commerce
(A) Commerce
(A) Commerce
(B) Economics
(B) Economics
(B) Economics
(C) Political Science
(C) Political Science
(C) Political Science
(D) Sociology
(D) Sociology
(D) Sociology
Answer: (B) Economics
Answer: (B) Economics
Answer: (B) Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life.
Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
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Related Questions
1. Seasonal Unemployment is generally seen in which section of Economy?2. The first bank established in Assam is?3. What is the primary source of income in Assam's economy?4. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?5. SEBI stands for6. Why is the Indus Valley civilization considered Non-Aryan?7. Which of the following locations is NOT associated with the petroleum sector?8. Which of the following is working capital in the farming sector?9. Which logo would you like to see for purchasing agro commodities?10. Who is the author of the book "Principles of Economics"?11. The largest public sector undertaking in the country is?