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 significance of “Purchasing Power Parity” (PPP)?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat is the meaning of “dumping” in international trade?
View QuestionWhich organization is responsible for estimating India’s Gross Domestic Product (GDP)?
View QuestionWhat does “balance of trade” refer to?
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