Correct Answer:
Option A - Disguised unemployment is a condition wherein more people are employed than actually needed in a certain task. Thus marginal productivity is zero. It is primarily traced in the agricultural and unorganized sectors of India. National Sample Survey Office (NSSO), under Ministry of Statistics and Programme Implementation (MoSPI) measures unemployment in India. IRDP, TRYSEM, RSETI/RUDSETI, JRY, MNREGA, PMKVY, Stand up India, Startup India are some schemes started by government to eradicate unemployment.
Unemployment rate Year
5.57% 2015
5.51% 2016
5.42% 2017
5.33% 2018
5.36% 2019
5.4% 2020
6.9% February 2021
7.60% March 2022
A. Disguised unemployment is a condition wherein more people are employed than actually needed in a certain task. Thus marginal productivity is zero. It is primarily traced in the agricultural and unorganized sectors of India. National Sample Survey Office (NSSO), under Ministry of Statistics and Programme Implementation (MoSPI) measures unemployment in India. IRDP, TRYSEM, RSETI/RUDSETI, JRY, MNREGA, PMKVY, Stand up India, Startup India are some schemes started by government to eradicate unemployment.
Unemployment rate Year
5.57% 2015
5.51% 2016
5.42% 2017
5.33% 2018
5.36% 2019
5.4% 2020
6.9% February 2021
7.60% March 2022