Indian Economic Development: Employment - Growth, Informalisation and Other Issues
Question:
There has been rapid growth in the gross domestic product, but without simultaneous increase in employment opportunities. This is known as _________ growth.
Options:
Economic growth
Jobless growth
Vertical growth
Inclusive growth
Correct Answer:
Jobless growth
Explanation:
The situation where there is rapid growth in gross domestic product (GDP) without a simultaneous increase in employment opportunities is known as: Jobless growth.