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 “open market operations” (OMO)?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat does “Laissez-faire” policy advocate?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat does the term “national income” refer to?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhich of the following is considered a public good?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is meant by “monetary policy”?
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