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General Knowledge Cluster15 Verified Questions
Unemployment in India GK Questions & Answers
Unemployment in macroeconomic theory denotes the proportion of the economically active labour force actively seeking employment but unable to secure gainful work. India exhibits diverse unemployment typologies: disguised unemployment, predominantly in agriculture where marginal productivity of labour equals zero; structural unemployment, arising from structural mismatches between worker skillsets and technological requirements; frictional unemployment during transitional job searches; and cyclical unemployment tied to business cycle downturns. Measurement is conducted by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) through the Periodic Labour Force Survey (PLFS), introduced in 2017 to replace quinquennial surveys. PLFS evaluates labour market dynamics via two metrics: Usual Principal and Subsidiary Status (UPSS), which measures activity across a 365-day reference period, and Current Weekly Status (CWS), capturing employment over a 7-day recall period. Key survey indicators include the Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), and Unemployment Rate (UR). Recent policy reforms consolidated 29 central labour enactments into four unified Labour Codes on Wages, Industrial Relations, Social Security, and Occupational Safety.
High-yield conceptual summaries for competitive exams and rapid revision.
Disguised unemployment occurs when surplus labour is deployed in an activity such that the marginal physical productivity of additional workers is zero.
Structural unemployment stems from long-term divergences between workforce competencies and industrial skill demands driven by technological change.
The National Statistical Office (NSO) publishes the Periodic Labour Force Survey (PLFS) using Usual Status (365 days) and Current Weekly Status (7 days).
Unemployment Rate (UR) is calculated as the percentage of unemployed persons within the active labour force, distinct from the total population.
India consolidated 29 legacy labour statutes into four comprehensive Labour Codes covering Wages, Industrial Relations, Social Security, and OSH.
Showing 15 Curated Questions15 Total in Bank
1ID: GK-AGRI-00107
hardRural Credit, NABARD & Agro-Schemes
Under the MGNREGA Act, 2005, if an applicant is not provided wage employment within how many days of submitting an application, is the state legally mandated to pay an Unemployment Allowance?
Verified Explanation
Section 7(1) of the MGNREGA Act mandates that if employment is not provided within 15 days of application, the State Government must pay a daily unemployment allowance.
2ID: GK-SCHM-00125
easyMGNREGA, PM-KISAN & NRLM
Under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), if an applicant is not provided employment within how many days of applying, are they entitled to receive a daily unemployment allowance?
Verified Explanation
Under Section 7(1) of MGNREGA, if an applicant is not provided employment within 15 days of receipt of the application, they are entitled to a daily unemployment allowance.
3ID: GK-SCHM-00390
easyMGNREGA, PM-KISAN & NRLM
Under Section 7(1) of the MGNREGA Act, within how many days of applying for work must employment be provided, failing which the applicant is entitled to daily unemployment allowance?
Verified Explanation
Section 7(1) of MGNREGA mandates that if an applicant is not provided wage employment within 15 days of submitting their application, the State Government must pay a daily unemployment allowance.
4ID: GK-SCHM-00444
easyMGNREGA, PM-KISAN & NRLM
Under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), within how many days of applying for work must employment be provided, failing which unemployment allowance becomes payable?
Verified Explanation
Under Section 7(1) of MGNREGA, if an applicant is not provided wage employment within 15 days of receipt of the application, they are entitled to a daily unemployment allowance.
5ID: GK-SCHM-00512
mediumMGNREGA, PM-KISAN & NRLM
Under MGNREGA, if an applicant is not provided wage employment within how many days of applying, is the state government liable to pay daily Unemployment Allowance?
Verified Explanation
Section 7(1) of the MGNREGA Act, 2005 mandates that if an applicant is not provided employment within 15 days of receipt of the application, they are legally entitled to receive a daily Unemployment Allowance from state funds.
6ID: GK-SCHM-00578
hardMGNREGA, PM-KISAN & NRLM
Under Section 7(1) of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005, within how many days must an applicant be provided employment, failing which statutory unemployment allowance becomes payable?
Verified Explanation
Under Section 7(1) of MGNREGA 2005, if an applicant is not provided wage employment within 15 days of submitting the application for work (or from the date work is sought), the State Government is legally bound to pay a daily unemployment allowance.
7ID: GK-ECON-00088
easyPlanning Gdp
What economic term describes a situation where economic stagnation and high unemployment co-exist with persistent high inflation?
Verified Explanation
Stagflation combines stagnant GDP growth and elevated unemployment with escalating price inflation.
8ID: GK-ECON-00219
mediumPlanning GDP
What is the macroeconomic term for a persistent condition where inflation remains high while economic output stagnates and unemployment rises?
Verified Explanation
Stagflation refers to the co-existence of economic stagnation (slow GDP growth and high unemployment) with elevated inflation.
9ID: GK-ECON-00328
mediumPlanning & GDP
What is the economic term for a macroeconomic situation characterized simultaneously by stagnant economic growth, high unemployment, and high inflation?
Verified Explanation
Stagflation occurs when an economy faces sluggish economic growth and high unemployment coupled with high price inflation.
10ID: GK-ECON-00719
mediumAgriculture & Rural Economy
In economic theory, what is the defining characteristic of 'Disguised Unemployment', a common structural feature of Indian agriculture?
Verified Explanation
Disguised unemployment occurs when more people are engaged in an economic activity than are strictly necessary to maintain output levels. In Indian agriculture, family labor is absorbed on small holdings even though removing excess workers would not reduce aggregate agricultural production. Consequently, the marginal productivity of such redundant labor is zero or practically negative.
11ID: GK-ECON-00645
hardPlanning & GDP
In macroeconomic theory, the Phillips Curve historically postulates an empirical inverse relationship between which two macroeconomic variables in the short run?
Verified Explanation
The short-run Phillips Curve, developed by A.W. Phillips in 1958, illustrates that lower unemployment is accompanied by higher wage inflation and vice versa.
12ID: GK-ECON-00043
hardUnion Budget & Fiscal Policy
The 'Phillips Curve' in macroeconomics represents the trade-off between which two variables?
Verified Explanation
A. W. Phillips demonstrated an inverse empirical relationship where lower unemployment correlates with higher inflation.
13ID: GK-ECON-00115
mediumPlanning Gdp
The "Phillips Curve" in macroeconomics represents the empirical inverse relationship between which two economic variables?
Verified Explanation
A. W. Phillips showed that lower unemployment in an economy is typically accompanied by higher wage and price inflation in the short run.
14ID: GK-EDUC-00154
easyRTE Act 2009 & Constitutional Provisions
Which Article in Part IV (Directive Principles of State Policy) of the Constitution of India directs the State to make effective provision for securing the right to work, to education, and to public assistance?
Verified Explanation
Article 41 of the Constitution directs the State, within the limits of its economic capacity and development, to make effective provision for securing the right to work, to education and to public assistance in cases of unemployment, old age, sickness and disablement.
15ID: GK-DAYS-00048
hardUN Days & Global Observances
The 'World Day of Social Justice' is observed globally on 20 February following the adoption of which milestone declaration by the International Labour Organization (ILO)?
Verified Explanation
Proclaimed by the UN General Assembly in 2007 to address poverty, unemployment, exclusion, human rights, and social protection.