Question

Read the following statements carefully:
Statement 1: As per the National Sample Survey Organization (NSSO), unemployment is a situation in which all those who, owing to lack of work, are not working, but are seeking work from prospective employers. They express their willingness/availability to work under the prevailing conditions of work and remuneration.
Statement 2: Disguised Unemployment is generally a massive problem in a highly populated country like India.
In the light of the given statements, choose the correct option:

• A. Statement 1 is true and Statement 2 is false.
• B. Statement 1 is false and Statement 2 is true.
• C. Both Statements 1 and 2 are true.
• D. Both Statements 1 and 2 are false.

Hint:

For unemployment-related questions, focus on definitions and key types like disguised, seasonal, and structural unemployment.

Answer 1

The Correct Option is C

Statement 1 is correct as it defines unemployment as per the NSSO, highlighting the lack of work despite willingness and availability to work. Statement 2 is also true because disguised unemployment is prevalent in India, especially in the agricultural and informal sectors, where more people are employed than required.