Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Which of the following option denotes correct pair?

1. Frictional unemployment A. Willingly not working due to some reason
2. Disguised unemployment B. Unemployed due to change in job
3. Seasonal unemployment C. Caused jobless growth in the economy
4. Open unemployment D. Willing and able to work, but cannot find job

 

Options:

1-A

2-B

3-C

4-D

Correct Answer:

4-D

Explanation:

4th option stands to be correct as "Open unemployment" is that unemployment where, in the economy, the individual is willing and able to work, but does not find work. All the other options are incorrectly matched with their respective explanation.