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  • Question
  • According to the Classical Theory of Employment, deviations from the state of full employment are


  • Options
  • A. Purely temporary in nature
  • B. permanent in nature
  • C. imaginary situations
  • D. normal situations

  • Correct Answer
  • Purely temporary in nature 

    Explanation

    The classical economists believed in the existence of full employment in the economy. To them, full employment was a normal situation and any deviation from this regarded as something abnormal. According to Pigou, the tendency of the economic system is to automatically provide full employment in the labour market when the demand and supply of labour are equal.

  • Tags: Bank Exams

    Indian Politics problems


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    • 1. Which one of the following statements is not correct with respect to protection of individuals being tried for offences?

    • Options
    • A. A confession can never be used as evidence against the accused.
    • B. The accused must have violated an existing law.
    • C. An accused cannot be tried and punished for the same offence again.
    • D. The quantum of punishment must be provided in law as it existed on the date of commission of an offence.
    • Discuss
    • 2. A citizen of India will lose his or her citizenship if he or she 1.renounces Indian citizenship 2.voluntarily acquires the citizenship of another country 3.marries a citizen of another country 4.criticizes the Government Select the correct answer using the code given below.

    • Options
    • A. 1, 2 and 3
    • B. 2, 3 and 4
    • C. 1 and 2 only
    • D. 1 and 4
    • Discuss
    • 3. Which of the following fundamental rights as enshrined in the Constitution of India belong only to the citizens? 1.Article 19 (Protection of right to freedom of speech) 2.Article 21 (Protection of life and personal liberty) 3.Article 15 (Prohibition of discrimination)4.Article 16 (Equality of opportunity) Select the correct answer using the code given below.

    • Options
    • A. 1, 2 and 3
    • B. 2, 3 and 4
    • C. 1, 3 and 4
    • D. 1 and 4 only
    • Discuss
    • 4. On 26thNovember, 1949, which of the following provisions of the Constitution of India came into effect? 1.Citizenship 2.Elections 3.Provisional Parliament 4.Fundamental Rights Select the correct answer using the code given below.

    • Options
    • A. 2, 3 and 4
    • B. 1, 2 and 3
    • C. 1 and 3 only
    • D. 1 and 2 only
    • Discuss
    • 5. Which among the following Acts were repealed by Article 395 of the Constitution of India? 1.The Government of India Act, 1935 2.The Indian Independence Act, 1947 3.The abolition of Privy Council jurisdiction Act, 1949 4.The government of India Act, 1919 Select the correct answer using the code given below.

    • Options
    • A. 1 and 2 only
    • B. 1 and 3 only
    • C. 1, 2 and 3 only
    • D. 1, 2, 3 and 4
    • Discuss
    • 6. Which one of the following statements is not correct with respect to Article 32 of the Constitution of India?

    • Options
    • A. It provides remedies to citizens for the enforcement of fundamental rights.
    • B. It is a part of fundamental rights.
    • C. The Supreme Court cannot refuse a writ petition under Article 32 on the ground of delay.
    • D. Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.
    • Discuss
    • 7. Which one of the following writs is issued by the Supreme Court to secure the freedom of a person upon unlawful arrest?

    • Options
    • A. Habeas Corpus
    • B. Mandamus
    • C. Certiorari
    • D. Quo Warranto
    • Discuss
    • 8. Under Article 352 of the Constitution of India, an emergency can be declared if security of any part of India is threatened by 1.war2.external aggression3.armed rebellion4.internal disturbanceSelect the correct answer using the code given below.

    • Options
    • A. 1, 2 and 3
    • B. 2, 3 and 4
    • C. 1 and 2 only
    • D. 1 and 2 only
    • Discuss
    • 9. Which one of the following statements is not true of Protection of Women from Domestic violence Act, 2005?

    • Options
    • A. This Act provides civil remedies to protect a woman subjected to domestic violence.
    • B. Only women can make a complaint under this legislation.
    • C. Relief may be sought only against the husband or a male live-in partner with whom the woman has lived in a domestic relationship.
    • D. The Act includes not just wives but also women in marriage-like relationships.
    • Discuss
    • 10. Which one of the following statements is not correct?

    • Options
    • A. Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16.
    • B. NIIF is a fund for enhancing infrastructure facility in the country.
    • C. NIIF and NIF (National Investment Fund) are the names of the same organization.
    • D. NIIF can have more than one alternative investment fund.
    • Discuss


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