Arts (English Medium) Class 12 - CBSE Question Bank Solutions

Define price floor. Explain the implications of price floor.

Can there be some fixed cost in the long run? If not, why?

Who is a worker?

Define worker-population ratio.

Are the following workers — a beggar, a thief, a smuggler, a gambler? Why? 

Raj is going to school. When he is not in school, you will find him working in his farm. Can you consider him as a worker? Why?

Meena is a housewife. Besides taking care of household chores, she works in the cloth shop which is owned and operated by her husband. Can she be considered as a worker? Why?

Answer the following question.
Define Price Floor. State the likely consequence of this type of intervention by the government.

The sum of the value of all final goods and services produced within the domestic territory of a country in a year is:

Those activities which contribute to GNP are called:

Workers enjoy job security in:

Out of these which of the following is a worker?

Compare and analyze the ‘Women Worker Population Ratio’ in Rural and Urban areas based on following information:

Define variable cost.

Give two examples of variable costs.

Define variable cost.

Work participation rate is:

Female worker participation rate is:

Read the following statements carefully:

Statement 1: The nature of unemployment problem in India is uni-faceted.

Statement 2: Worker-Population ratio is an indicator used for analysing the employment situation in a country.

In light of the given statements, choose the correct alternative from the following:

Define Worker Population Ratio. Discuss its usefulness.