GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A situation in which more persons are employed on a job than are optimally required is:
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Structural unemployment
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Disguised unemployment
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Cyclical unemployment
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Seasonal unemployment
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Explanation:
Detailed explanation-1: -Disguised unemployment is a kind of unemployment in which there are people who are visibly employed but are actually unemployed. This situation is also known as ‘hidden unemployment’. In such a situation, more people are engaged in a work than optimally required.
Detailed explanation-2: -Disguised Unemployment (i) In case of disguised unemployment, people appear to be employed but are actually not employed.
Detailed explanation-3: -Disguised unemployment is unemployment that does not affect aggregate economic output. It occurs when productivity is low and too many workers are filling too few jobs. It can refer to any part of the population that is not employed at full capacity.
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