Question

Match the terms given in Column-I with their respective meaning in Column-II. Select the correct option:

• A. (i)-(d); (ii)-(a); (iii)-(b); (iv)-(c)
• B. (i)-(b); (ii)-(a); (iii)-(c); (iv)-(d)
• C. (i)-(c); (ii)-(b); (iii)-(a); (iv)-(d)
• D. (i)-(c); (ii)-(d); (iii)-(a); (iv)-(b)

Hint:

Seasonal and disguised unemployment are key concepts in labor economics. Seasonal unemployment is temporary, while disguised unemployment often leads to inefficiencies in labor use.

Answer 1

The Correct Option is C

Step 1: Seasonal Unemployment.
Seasonal unemployment occurs during specific seasons when demand for labor decreases in certain sectors, such as agriculture during the off-season.
Step 2: Self-employed.
Self-employed individuals use their own resources, like skills and assets, to earn a livelihood, typically without working for someone else.
Step 3: Unorganised Sector.
The unorganised sector consists of small-scale businesses and workers who typically have less than 10 employees and work in informal conditions.
Step 4: Disguised Unemployment.
Disguised unemployment occurs when people are employed in jobs where their productivity is zero or very low, often seen in agriculture during peak labor seasons.
Step 5: Conclusion.
The correct matching is (i)-(c); (ii)-(b); (iii)-(a); (iv)-(d). Final Answer:} (i)-(c); (ii)-(b); (iii)-(a); (iv)-(d).