CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the unemployment rate in India for the year 2017-2018 as per the survey conducted by National Sample Survey Office (NSSO)?
A
6.1%
B
6.2%
C
6.3%
D
6.4%
Explanation: 

Detailed explanation-1: -NSSO Jobs Report: India’s Unemployment Rate At 6.1% In 2017-18 - Record High.

Detailed explanation-2: -The unemployment rate in 2017-18 was 6%, while it rose to 17.2% in 2019-20 from 16.9% in 2018-19 among graduates. Speaking during the Question Hour in Lok Sabha, he said that there has been an increase in the rate of employment as the government has taken “satisfactory and proper” steps for it.

Detailed explanation-3: -Consistency in NSSO Employment–Unemployment Estimates Using NSS 68th Round and PLFS Data. The unemployment rate in the country increased sharply to 6.1%, as per the Periodic Labour Force Survey 2017–18 data, from 2.2%, based on the National Sample Survey, 68th round, 2011–12.

Detailed explanation-4: -Did you know India has one amongst the highest unemployment rates in Asia? In 2017 it was at 3.4%.

Detailed explanation-5: -The Labor Force Participation Rate in India stood at 49.80% in the fiscal year 2017-18, as per the National Sample Survey Office (NSSO) Periodic Labor Force Survey (PLFS) report.

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