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- 1. Multiple Choice
The motive of Private sector enterprises is:
Profit making
Entertainment
Social welfare and security
None of these
- 2. Multiple Choice
Which of the following is also known as disguised employment?
Over employment
Factory employment
Under employment
Unemployment
- 3. Multiple Choice
Railway is an example of :
Private Sector
Public Sector
Secondary Sector
None of these
- 4. Multiple Choice
GDP is the sum total of the value of ________ goods produced during a particular year.
all goods and services
all final goods and services
all intermediate goods and services
all intermediate and final goods and services
- 5. Multiple Choice
Which of the following Acts would not apply to a company like TISCO?
Minimum Wages Act
National Rural Employment Guarantee Act
Factories Act
Payment of Gratuity Act
- 6. Multiple Choice
The value of all goods and services produced within a country in a certain year is called its:
National Product
Net Domestic Product
Gross Domestic Product
None of these
- 7. Multiple Choice
On which of the following basis the sectors are classified into public sector and private sector?
Employment conditions
The nature of the economic activity
Ownership of enterprises
Number of workers employed in the enterprise
- 8. Multiple Choice
Production of a commodity, mostly through the natural process, is an activity in the ___________ sector.
Primary
Secondary
Tertiary
Information Technology
- 9. Multiple Choice
What will happen if the government fails to provide 100 days employment under NREGA?
No extra benefit will be given
The officer-in-charge will be punished
Unemployment allowance will be given
Food grains will be provided
- 10. Multiple Choice
Underemployment is a situation where people:
do not want to work
are not paid of their work
are working in a lazy manner
are working less than what they are capable of doing
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