Employment: Growth, Informalization and Other Issues Quiz - CBSE Class 9 Social Science

Free practice quiz: Employment: Growth, Informalization and Other Issues (CBSE Class 9 Social Science). 20 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

Sample questions

1. What is meant by 'employment growth' in Economics?

   1. An increase in job opportunities
   2. A decrease in job opportunities
   3. A shift from informal to formal jobs
   4. Stable job rates over time
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   Answer: A. An increase in job opportunities

   Employment growth refers to the increase in the number of jobs available in the economy.

2. What is one impact of increasing informal employment on the economy?

   1. Increased tax revenue
   2. Decreased economic stability
   3. Improved labor rights
   4. Greater employment benefits
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   Answer: B. Decreased economic stability

   Informal employment can lead to decreased economic stability due to lack of regulation and reliable income.

3. What effect does growth in informal employment have on economic formalization?

   1. Boosts formalization efforts
   2. Undermines formalization
   3. Has no direct effect
   4. Increases formal employment schemes
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   Answer: B. Undermines formalization

   As informal employment grows, it undermines efforts to formalize the economy by increasing jobs that are not legally regulated.

4. How might informal employment affect national productivity levels?

   1. Increases productivity consistently
   2. Decreases productivity
   3. Has no effect on productivity
   4. Uniformly stabilizes productivity
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   Answer: B. Decreases productivity

   Informal employment can decrease overall national productivity as workers are often less skilled, less secure, and less productive than their formal counterparts.

5. How do informal workers typically access credit?

   1. Through formal banking systems
   2. Using informal networks or moneylenders
   3. Via government-backed loans
   4. Through insurance schemes
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   Answer: B. Using informal networks or moneylenders

   Informal workers often rely on informal networks or local moneylenders for credit due to lack of access to formal financial systems.

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