Subject: Economics
Book: Comprehensive Indian Economy
India faces structural unemployment, disguised unemployment in agriculture, and frictional unemployment during transitions. Urban areas show rising educated unemployment, while the informal sector is large. Schemes such as Skill India, Start-Up India, and apprenticeship reforms aim to match labor market needs. Understanding labor force participation rates and disguised unemployment’s prevalence helps interpret official data. For exams, link how macro policies—like industrial corridors, manufacturing thrusts—seek to create better job opportunities. Also discuss how technology-induced disruptions can displace low-skilled labor, emphasizing the need for continuous re-skilling.
What is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat does the term “national income” refer to?
View QuestionWhich of the following is considered a public good?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhich of the following is a feature of a command economy?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhich of the following is an example of a non-renewable resource?
View QuestionWhat is meant by the term “current account deficit”?
View Question