BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The International Labour Organisation (ILO) has released a report “World Employment and Social Outlook Trends-2018". As per the report, it is projected that the number of unemployed persons in India is expected to rise from 18.3 million in 2017 to 18.6 million in 2018 and 18.9 million by 2019. At the same time, unemployment rate is expected to remain static at____per cent during the same period.
A
5.5 per cent
B
2.5 per cent
C
3.5 per cent
D
4.5 per cent
Explanation: 

Detailed explanation-1: -The ILO’s World Employment and Social Outlook – Trends 2018 examines the current state of the labour market, assessing the most recent developments and making global and regional projections of unemployment, vulnerable employment and working poverty.

Detailed explanation-2: -In 2022, 27.4 per cent of young women globally are projected to be in employment, compared to 40.3 per cent of young men. This means that young men are almost 1.5 times more likely than young women to be employed.

Detailed explanation-3: -Recently, the International Labour Organisation (ILO) has released a report titled “Global Employment Trends for Youth 2022: Investing in transforming futures for young people”.

Detailed explanation-4: -This ILO flagship report details the impact of economic slowdown on the global labour market.

There is 1 question to complete.