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 feature of a free-market economy?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the main aim of the “Startup India” initiative?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is the Phillips Curve?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
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