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Despite an increase in absolute numbers of unemployed people from 1993–94 to 2011–12, what happened to India's unemployment rate?

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Question

Despite an increase in absolute numbers of unemployed people from 1993–94 to 2011–12, what happened to India's unemployment rate?

Options

  • It increased sharply

  • It decreased rapidly

  • It remained nearly flat

  • It disappeared

MCQ
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Solution

It remained nearly flat

Explanation:

The unemployment rate stayed between 2.0% and 2.4%, showing little change despite absolute numbers rising.

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