Unemployment — TNPSC General Awareness Practice

What is the primary definition of unemployment provided in the text?

Answer: B. The text states: 'Unemployment is defined as a situation where someone of working age is not able to get a job but would like to be in full time employment.'

According to the text, what percentage of India's population is under the age of 35?

Answer: C. The text says: 'India has the largest population of youth in the world with about 66% of the population under the age of 35.'

Which state in India had the highest graduate unemployment rate according to the text?

Answer: C. The text states: 'Kerala had India’s highest graduate unemployment rate at over 30 percent.'

What is the term used to describe the additional output produced by adding one more worker to a production process?

Answer: B. The text defines marginal product as: 'Marginal product — the produce added to the existing production due to addition of a new employee/worker.'

According to the text, what type of unemployment occurs due to a decline in aggregate demand?

Answer: C. The text states: 'Cyclical Unemployment It refers to a situation where people are thrown out from job due to a recession in the economy. This is also known as demand deficiency unemployment. “The root cause for this type to unemployment is lack of aggregate demand.'

What is a key characteristic of disguised unemployment, as described in the text?

Answer: B. The text explains: 'Disguised Unemployment It is a kind of special case. Here people are apparently employed but their marginal product is zero (contribution to production is nil).'

According to the text, what is the projected trend for the number of unemployed persons in India from 2017 to 2019?

Answer: C. The text states: 'As per the report, it is projected that the number of unemployed persons in Indi a is expected to rise from 18.3 million in 2017 to 18.6 million in 2018 and 18.9 million by 2019.'

What is the difference between 'usual status unemployment' and 'weekly status unemployment' as defined by the National Sample Survey Organisation (NSSO)?

Answer: B. The text defines: 'Usual status unemployment: The usual status or chronic unemployment is measured as number of persons who remain unemployed for major part of the year. ... Weekly status unemployment: It is measured as number of persons who did not find even an hour of work during the survey week.'

According to the ILO report, what is the projected unemployment rate in India for 2019?

Answer: A. The text states that 'At the same time, unemployment rate is expected to remain static at 3.5 per cent during the same period.'

Which type of unemployment is characterized by a situation where people are employed but their marginal product is zero?

Answer: B. The text describes 'Disguised Unemployment' as 'a kind of special case. Here people are apparently employed but their marginal product is zero (contribution to production is nil).'

Which of the following is NOT a concept of unemployment used by the National Sample Survey Organisation (NSSO)?

Answer: D. The text lists 'Usual status unemployment', 'Weekly status unemployment', and 'Daily status unemployment' as concepts used by NSSO.

What is the marginal product in the context of the provided text?

Answer: B. The text defines marginal product as: 'Marginal product — the produce added to the existing production due to addition of a new employee/worker.'

Which of the following is NOT a type of unemployment mentioned in the text?

Answer: C. The text describes Cyclical, Disguised, and Open unemployment, but not Structural.

According to the text, what is a key factor contributing to India's high unemployment rate?

Answer: B. The text implies this by stating: 'Since, India population increasing rapidly, therefore.'

What is the focus of the National Sample Survey Organisation (NSSO) in measuring unemployment?

Answer: C. The text mentions: 'Usual status unemployment: The usual status or chronic unemployment is measured as number of persons who remain unemployed for major part of the year.'

According to the provided text, what is the definition of unemployment?

Answer: A. The text clearly states that unemployment is a situation where someone of working age is not able to get a job but would like to be in full time employment.

What is the marginal product, as defined in the text?

Answer: A. The text defines marginal product as the produce added to the existing production due to the addition of a new employee/worker.

What is the main cause of unemployment in rural India, according to the text?

Answer: B. The text states that 'It is the leading cause of unemployment in rural India' and then lists 'rapidly increasing population' as a factor.

Which term is defined as: “large additional expenditure on their rearing up, maintenance, and education”? (Current Affairs)

Answer: A. It: large additional expenditure on their rearing up, maintenance, and education.

Which term is defined as: “of employment particularly of the landless people”? (Current Affairs)

Answer: D. illage or cottage industries are the only: of employment particularly of the landless people.