Question:
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
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Jobless growth highlights the need for labor-intensive sectors to generate employment alongside GDP growth.
Updated On: Jan 30, 2025
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Solution and Explanation
Assertion (A): Jobless growth has been a concern in India, where GDP grows without a corresponding increase in employment.
Reason (R): Jobless growth occurs when advancements in technology and productivity allow more output without employing additional labor. Conclusion: Both Assertion (A) and Reason (R) are true, but the Reason does not directly explain the Assertion.
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