GENERAL KNOWLEDGE

Detailed explanation-1: -Disguised unemployment refers to a situation wherein laborers employed in a task cannot utilize their full potential, and their overall productivity remains low.

Detailed explanation-2: -Disguised employment lends an appearance that is different from the underlying reality, with the intention of nullifying or attenuating the protection afforded to workers by law.

Detailed explanation-3: -An example can be an individual with a college or university degree taking up a job as a teller due to an inability to find a job more fitting for their qualifications. Individuals with illness or disability but who can perform certain tasks also fall under disguised unemployment.

Detailed explanation-4: -Underemployment is a measure of the total number of people in an economy who are unwillingly working in low-skill and low-paying jobs or only part-time because they cannot get full-time jobs that use their skills.