Those activities which contribute to the gross national product are termed as:

1. Production activity.
2. Economic activity.
3. Both.
4. None of the above.

In India ratio of men to women in total workforce is:

1. 70:30
2. 30:70
3. 60:40
4. 40:60

When a worker is engaged by someone and paid wages on daily basis called:

1. Casual wage laborer.
2. Regular salaried employee.
3. Self-employed.
4. Wage employed.

How can a country's net earning be positive?

1. When imports are more than exports.
2. When exports are more than imports.
3. When imports and exports are equal.
4. None of the above.

All the public sector establishments and those private sector establishments which employ ______ hired workers or more are called formal sector.

1. 25
2. 20
3. 15
4. 10

Number of persons employed:

1. Will be high if labour participation rate is high.
2. Will be high if population is more.
3. Will be high if there is less gender inequality.
4. All of the above.

People who are unwilling to work at the existing wage rate are

1. Voluntary unemployed.
2. Frictional unemployed.
3. Casual unemployed.
4. Seasonal unemployed.

Services of a housewife are considered as:

1. Economic activity.
2. Non economic activity.
3. Regular consumption.
4. Leisure time activity.

Worker is a person who is engaged in:

1. Production activity.
2. Consumption activity.
3. Looking for work.
4. None of the above.

Who of the following is expected to have most stable income?

1. Casual wage laborer.
2. Regular salaried employee.
3. Self-employed.
4. Informal sector employee.