CUET Preparation Today
What do you understand by the term "Jobless growth", which India witnessed during the late 1990's? |
When growth of GDP is high due to rising exports and imports When generation of employment opportunity is low but GDP is growing When employment opportunities are given by primary sector only All of the above |
When generation of employment opportunity is low but GDP is growing |
The correct answer is option 2: When generation of employment opportunity is low but GDP is growing Jobless growth means a situation where the economy of a country is growing but no employment opportunities are being provided to the citizens. The country is able to produce goods and services without generating employment. There is a widening gap between the growth of GDP and employment. |
