Poverty and Unemployment

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Q. What is structural unemployment primarily caused by?
  • A. Lack of skills
  • B. Seasonal changes
  • C. Economic cycles
  • D. Temporary layoffs
Q. What is the poverty line?
  • A. A measure of economic growth
  • B. A threshold income level
  • C. A type of unemployment
  • D. A government subsidy
Q. What is the primary measure of poverty in an economy?
  • A. Income level
  • B. Employment rate
  • C. Inflation rate
  • D. GDP growth
Q. What is the role of the Reserve Bank of India (RBI) in relation to unemployment?
  • A. Setting interest rates
  • B. Regulating stock markets
  • C. Managing foreign exchange
  • D. Controlling inflation
Q. What type of unemployment is caused by economic downturns?
  • A. Frictional unemployment
  • B. Structural unemployment
  • C. Cyclical unemployment
  • D. Seasonal unemployment
Q. Which of the following can be a consequence of prolonged unemployment?
  • A. Increased job satisfaction
  • B. Improved skills
  • C. Mental health issues
  • D. Higher wages
Q. Which of the following is a common cause of unemployment?
  • A. High inflation
  • B. Technological advancements
  • C. Increased consumer spending
  • D. Government subsidies
Q. Which of the following is a direct effect of high unemployment rates?
  • A. Increased consumer spending
  • B. Higher poverty levels
  • C. Lower inflation
  • D. Increased investment
Q. Which of the following is a financial instrument that can help alleviate poverty?
  • A. Government bonds
  • B. Microloans
  • C. Stocks
  • D. Derivatives
Q. Which policy is typically used to reduce unemployment?
  • A. Tight monetary policy
  • B. Expansionary fiscal policy
  • C. Contractionary fiscal policy
  • D. Deflationary policy
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