CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which month did India’s Unemployment Rate decline to a four-month low of 7.14%?
A
January
B
March
C
April
D
November
Explanation: 

Detailed explanation-1: -India’s jobless rate declined to four-month low of 7.14% in January-CMIE.

Detailed explanation-2: -The lowest unemployment rates were recorded in Chhattisgarh and Uttarakhand with 0.8 percent in both states in March 2023, CMIE data for March 2023 shows. India’s unemployment rate rose for the second consecutive month in March 2023 and is now at 7.8 percent, data from Centre for Monitoring Indian Economy (CMIE) shows.

Detailed explanation-3: -Correspondingly, the unemployment rate in rural India inched down from 7.47 per cent in March to 7.34 per cent in April. On the other hand, the urban unemployment rate increased to 9.8 per cent, compared to 8.5 per cent in the previous month.

Detailed explanation-4: -India’s unemployment rate rises to 3-month high of 7.8% in March: CMIE.

There is 1 question to complete.