Economics Practice Quiz 32

Q1.Which sector, according to the text, offers security of employment to its workers?

A. The unorganised sector. B. The agricultural sector. C. The organised sector. D. The informal sector.

Q2.What document is typically provided to an employee in the organised sector, as exemplified by Kanta's experience?

A. A daily wage slip. B. An informal verbal agreement. C. An appointment letter stating terms and conditions. D. A resignation letter.

Q3.Which of the following benefits are typically provided to workers in the organised sector?

A. Paid leave, provident fund, and gratuity B. Low wages, no paid leave, and insecure employment C. Overtime pay, no medical benefits, and seasonal work D. Employment at the employer's whim, no holidays, and no pension

Q4.Which of the following best characterizes the unorganised sector?

A. Units controlled by the government, secure employment, and regular wages B. Small and scattered units, largely outside government control, and rules not followed C. Provision for overtime, paid leave, and medical benefits D. High-paid jobs, secure employment, and pension benefits

Q5.In the unorganised sector, what is a common characteristic regarding employment security?

A. Employment is highly secure with long-term contracts. B. People can be asked to leave without any reason. C. Jobs are always regular and permanent. D. Workers receive severance pay if asked to leave.

Q6.According to the examples provided, which of the following is an activity of the unorganised sector?

A. A teacher taking classes in a school B. A doctor in a hospital treating a patient C. A daily wage labourer working under a contractor D. A factory worker going to work in a big factory

Q7.In the late 1990s, what was the estimated total number of workers (in millions) in the organised sector in India, according to Table 2.3?

A. 115 B. 82 C. 128 D. 40

Q8.Based on Table 2.3 from the late 1990s, what was the estimated total number of workers (in millions) in the unorganised sector across all sectors in India?

A. 232 B. 394 C. 74 D. 88

Q9.In the late 1990s, if we look at the country as a whole, approximately what percentage of the workers in India were in the unorganised sector?

A. 17% B. 50% C. 83% D. 100%

Q10.Which of the following is NOT a characteristic of jobs in the unorganised sector?

A. Low-paid and often not regular B. No provision for overtime or paid leave C. Employment is secure and permanent D. People can be asked to leave without any reason

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Economics Practice Quiz 32