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 meant by “crowding out” in economics?
View QuestionWhat is “inclusive growth”?
View QuestionWhich of the following is a feature of a command economy?
View QuestionWhich of the following causes demand-pull inflation?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhat does the term “national income” refer to?
View QuestionWhat is “currency devaluation”?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhat does “inclusive banking” mean?
View QuestionWhich term refers to an economy that has elements of both capitalism and socialism?
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