GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rural area
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Urban area
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In both the areas
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None of these
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Detailed explanation-1: -Disguised unemployment is mostly found in agriculture sector in rural areas in India where 10 members of the farmers family are employed on small plot when 5 are enough. Hence, correct answer is option B.
Detailed explanation-2: -An example would be a small family farm with ten employees doing the same work. If three or four individuals were to discontinue working, the overall output of the farm would remain unchanged. The three or four individuals can be seen as providing disguised unemployment.
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.