Consider the following statements for the types of unemployment. Which of the following statement(s) is/are correct?
1. Frictional unemployment focuses on structural problems in the economy and inefficiencies inherent in labour market.
2. Structural unemployment focuses on voluntary decisions to work, based on each individual's valuation of their own work.
3. The cause and solutions for frictional unemployment often address barriers to entry.
A. Only 1
B. Only 2
C. Both 1 and 2
D. All of these
Answer: Option B
This Question Belongs to Management >> Labour And Social Welfare
Related Questions on Labour and Social Welfare
Labour movement became a vigorous force in India after . . . . . . . .
A. World War I
B. World War II
C. Panipat War I
D. Panipat War II
A. Improvement in working conditions
B. Adequate wages
C. Provision of rest pauses
D. All of the above
Which of the following recommendations were made by National Commissionon Labour in 1969?
A. Intensification by workers education to get good internal leader
B. The idea of one union for one plant
C. The compulsion of registration under the Trade Union Act, 1926
D. All of the above
A. INTUC, AITUC, NFITU
B. AITUC, NFL, BMS, NLO
C. INTUC, AITUC, HMS, UTUC
D. BMS, HMS, CITU, TUCC
Join The Discussion