BANKING AFFAIRS

Detailed explanation-1: -The plan also had the target of reducing educated unemployment below 5%. Village and Small Scale Enterprises (VSE) and the wage employment programs like NREGS were considered for providing most of the employment during the Eleventh Plan.

Detailed explanation-2: -Educated unemployment If a person has received education and is unemployed, he is called an educated unemployed. Educational opportunities have increased but the employment opportunities have decreased due to the following reasons: 1. Low economic development. 2.

Detailed explanation-3: -Educated Unemployment in the Indian economy is such a type of unemployment where the educated people search for jobs according to their efficiency.

Detailed explanation-4: -The causes of educated unemployment could be due to a variety of factors, the most common of which is a lack of job opportunities. This can also happen when there are a significant number of people but few job openings and employers.

Detailed explanation-5: -(i) More use of Information Technology (IT) should be made in giving education. (ii) Education should cater to the needs of the employment markets. (iii) More opportunities should be made available in the tertiary sector where more educated unemployed people can find jobs.