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______ is/are responsible for the occurrence of chronic unemployment and underemployment in India. - Economic Applications

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Question

______ is/are responsible for the occurrence of chronic unemployment and underemployment in India.

Options

  • Rapid growth of population.

  • Inadequate growth of industrial activities.

  • Both rapid growth of population and inadequate growth of industrial activities.

  • None of these.

MCQ
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Solution

Both rapid growth of population and inadequate growth of industrial activities are responsible for the occurrence of chronic unemployment and underemployment in India.

Explanation:

Chronic unemployment in India stems from rapid population growth alongside insufficient growth in the industrial and service sectors. This disparity limits job creation, leaving a significant portion of the labor force unemployed or underemployed despite the availability of labor.

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Chapter 5: Characteristics of Indian Economy - QUESTIONS [Page 67]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 5 Characteristics of Indian Economy
QUESTIONS | Q 10. | Page 67
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