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Question
Statement 1: As per National Sample Survey Organisation (NSSO) unemployment is a situation in which all those who, owing to lack of work, are not working but seeking work from prospective employers, expressed their willingness to work under the prevailing condition of work and remuneration.
Statement 2: Disguised unemployment is generally a massive problem in the highly populated country like India.
In the light of the given statements, choose the correct alternative from the following:
Options
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both Statement 1 and 2 are true.
Both Statement 1 and 2 are false.
Solution
Both Statement 1 and 2 are true.
Explanation:
When someone actively seeks a job but is unsuccessful, they are said to be unemployed. When more individuals are employed than necessary, this is known as disguised unemployment. Therefore, in crowded nations, this scenario is possible.
