Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Given below are some statements. Read them carefully and choose the correct statement (s) from the given options.

Statement 1:  As per NSSO data, in the year 2011-12, the rate of unemployment among youth males who studied graduation and above in rural areas was higher than those belonging to urban areas.

Statement 2:  As per NSSO data, in the year 2011-12, 50 percent of the young rural female graduates were unemployed.  

Options:

Only Statement 1 is correct.

Only Statement 2 is correct.

Both statements are correct.

None of the given statement is correct.

Correct Answer:

Only Statement 1 is correct.

Explanation:

The correct answer is Option 1: Only Statement 1 is correct.

Statement 1:  As per NSSO data, in the year 2011-12, the rate of unemployment among youth males who studied graduation and above in rural areas was higher than those belonging to urban areas. This is correct. As per NSSO data, in the year 2011-12, the rate of unemployment among youth males who studied graduation and above in rural areas was 19 per cent. Their urban counterparts had relatively less level of unemployment at 16 per cent.

Statement 2:  As per NSSO data, in the year 2011-12, 50 percent of the young rural female graduates were unemployed. This is false. As per NSSO data, in the year 2011-12, nearly 30 percent of the young rural female graduates were unemployed.