1) A factory appoints 20 workers for a job that can be done efficiently by 12 workers. This is an example of: a) Seasonal unemployment b) Structural unemployment c) Disguised unemployment d) Educated unemployment 2) Which of the following shows the best way in which human resources can become assets? a) A) Increasing only populationB) By proper investment in education and healthC) By produc By reducing employment opportunities b) Increasing only population c) By proper investment in education and health d) By producing more natural resources 3) A person has a postgraduate degree in science but works as a delivery agent in a city. This is an example of: a) A) Educated unemploymentB) UnderemploymentC) Seasonal unemployment b) Educated unemployment c) Underemployment d) Disguised unemployment 4) Why does investment in health yield better returns in the long run? a) Healthy people are less productive b) Health does not affect productivity c) Healthy people can work efficiently and live longer d) Health care reduces the number of workers 5) Ravi works in the field during sowing and harvesting seasons, but for the rest of the year he remains unemployed. His condition represents: a) Disguised unemployment b) Seasonal unemployment c) Educated unemployment d) Cyclical unemployment 6) The development of human capital is different from physical capital because: a) Physical capital never requires maintenance b) Human capital needs training and investment in education and health c) Human capital depreciates faster than machines d) Human capital can be imported 7) In a country, literacy rate is very high, but employment generation is very low. This situation will lead to: a) A) Structural unemployment b) No unemployment c) Educated unemployment d) Seasonal unemployment 8) Why is the primary sector still the largest employer in India, even though its contribution to GDP is low? a) A) Because agriculture is highly profitableB) Because disguised and seasonal unemployment exist in agricultureC) Because industrialisBecause services are not developed b) Because agriculture is highly profitable c) Because disguised and seasonal unemployment exist in agriculture d) Because industrialisation is very fast 9) Which of the following statements is true about “People as Resource”? a) Population is always a liability b) People can become assets if educated, healthy, and skilled c) Natural resources are more important than people d) Education has no role in economic growth 10) A country with more educated and healthy workers will: a) Depend more on foreign aid b) Have lower productivity c) Grow faster in terms of economy d) Waste its resources

PEOPLE AS RESOURCES

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