You are a factory owner and have given employment to 400 workers. If 10 workers are dismissed by you without loss of production then this situation will be described as:

1. Casual unemployment.
2. Disguised unemployment.
3. Structural unemployment.
4. Seasonal unemployment.

Working conditions are better for:

1. Casual wage laborer.
2. Regular salaried employee.
3. Self-employed.
4. Formal Sector Employee.

Due to the recent efforts of which international body the Indian government, initiated the modernisation of informal sector?

1. World Bank.
2. WTO.
3. International Labour Organisation.
4. G-20.

Formal sector establishment, employ:

1. 8 hired workers or more.
2. 10 hired workers or more.
3. 12 hired workers or more.
4. 14 hired workers or more.

Rate of unemployment is equal to:

1. No. of persons employed/ size of labour force × 100.
2. No. of persons unemployed/ size of labour force × 100.
3. No. of unemployed persons/ 100 × labour force.
4. None of the above.

Hired worker can be categorised into two parts, they are:

1. Self worker
2. Skilled worker
3. Regular salaried worker
4. Unskilled worker
5. Casual wage labour

1. Both I and III.
2. Both II and IV.
3. Both III and V.
4. Both Ill and IV.

_______ are voluntary organisations of workers formed to promote and protect the interests of workers through collective action.

1. Labour unions.
2. Trade unions.
3. Cooperative organisation.
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

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.