Target Exam

CUET

Subject

Economics

Chapter

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

Question:

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

Statement 1: The sources of data on unemployment are : Reports of Census of India, National Statistical Office’s Reports of Employment and Unemployment Situation, Annual Reports of Periodic Labour Force Survey, and Directorate General of Unemployment.

Statement 2: Though they provide different estimates of unemployment, they do provide us with the attributes of the unemployed and the variety of unemployment prevailing in our country.       

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 2 is correct.

Explanation:

The correct answer is Option 2: Only Statement 2 is correct.

Statement 1: The sources of data on unemployment are : Reports of Census of India, National Statistical Office’s Reports of Employment and Unemployment Situation, Annual Reports of Periodic Labour Force Survey, and Directorate General of Unemployment. This is false. The sources of data on unemployment are : Reports of Census of India, National Statistical Office’s Reports of Employment and Unemployment Situation, Annual Reports of Periodic Labour Force Survey, and Directorate General of Employment and Training data of Registration with Employment Exchanges. 

Statement 2: Though they provide different estimates of unemployment, they do provide us with the attributes of the unemployed and the variety of unemployment prevailing in our country. This is correct.