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Question
Defend or refute the following statement with a valid explanation:
‘Disguised unemployment is a common form of unemployment in rural India’
Options
Defend
Refute
Solution
The given statement is Defend.
Explanation:
Disguised unemployment is a situation where the marginal productivity of labour is zero. In India, this situation is often witnessed, as farming is more of a family affair in rural areas and most of the members are generally engaged on the farms without any direct contribution to the production process. This problem persists in rural India due to the lesser availability of jobs.
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