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GK Question and Answer on Types of Unemployment

Unemployment is when a person is searching for a job and he or she unable to find it. Therefore, we can say that those people who are available for work but does not get a job. It also affects the economy. There are several types of unemployment. Let us find out via questions and answers.   .
Nov 6, 2019 18:00 IST
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GK Quiz on types of Unemployment
GK Quiz on types of Unemployment

This article consists of 10 questions on the types of unemployment which will help aspirants in the preparation of various competitive examinations.

1. What type of unemployment is found in India?

(a) Structural Unemployment

(b) Seasonal unemployment

(c) Disguise unemployment

(d) All of the above

Answer d

Explanation: All of the above

2. If a person is ready to work at the prevailing wage rate in the market, but he is unable to find the work, then what type of unemployment would it be called?

(a) Voluntary unemployment

(b) Involuntary unemployment

(c) Seasonal unemployment

(d) None of the above

Answer b

Explanation: Involuntary unemployment. In this type of unemployment, the person wants to work but he does not get the job because the economy is lacking in providing the job.

3. In which type of unemployment do the marginal productivity of the workers is zero?

(a) Disguised Unemployment

(b) Involuntary unemployment

(c) Seasonal unemployment

(d) Structural Unemployment

Answer a

Explanation: Disguised Unemployment

4. What type of unemployment is found in developed countries?

(a) Involuntary unemployment

(b) Voluntary unemployment

(c) Structural unemployment

(d) Disguised Unemployment

Answer b

Explanation: Voluntary unemployment; work to the people in the developed country is easily available but they are not ready to work on the prevailing wage rate. So, they are voluntarily unemployed.

5. If new computers are being installed in a company and some employees are fired from the job due to lack of computer knowledge then what kind of unemployment will it be called?

(a) Disguised Unemployment

(b) Structural unemployment

(c) Hidden unemployment

(d) Frictional unemployment

Answer d

Explanation: Frictional unemployment. Such unemployed people can work again by learning computer but till the time they learn computer will be called unemployed.

6. What type of unemployment is found in the agriculture sector of India?

(a) Disguised Unemployment

(b) Voluntary unemployment

(c) Frictional unemployment

(d) None of the above

Answer a

Explanation: Disguised Unemployment

7. Cyclical and frictional unemployment are found in....... ?

(a) Less developed and developing countries both

(b) Developing countries

(c) Developed countries

(d) Less developed countries

Answer c

Explanation: Developed countries

8. Who developed the concept of disguised unemployment?

(a) John Keynes

(b) Amartya Sen

(c) John Robinson

(d) Alfred Marshall

Answer c

Explanation: John Robinson

9. What is the right formula to know the unemployment rate?

(a) Total number of unemployed / total labour force X 100

(b) Total labour force / Total number of unemployed x 100

(c) Total number of unemployed / total labour force x 1000

(d) Total labour force / Total number of unemployed x 1000

Ans. a

Explanation: Total number of unemployed / total labour force X 100

10. Who are counted in the labour force of a country?

(a) The population of 18 to 60 years of age

(b) The population of 15 to 65 years of age

(c) The population of 18 to 65 years of age

(d) Population of 21 to 62 years of age

Answer b

Explanation: The population of 15 to 65 years of age.

600+ GK Quiz on Indian Economy