SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Underemployment is a situation where people:
A
do not want to work
B
are not paid of their work
C
are working in a lazy manner
D
are working less than what they are capable of doing
Explanation: 

Detailed explanation-1: -What is Underemployment? Underemployment occurs when a person does not work full time or takes a job that does not reflect their actual training and financial needs. That is, their job doesn’t use all their skills and education, or provides less than full time work.

Detailed explanation-2: -Ans. (i) It is a situation in which more workers are working in an activity than required. The people who are actually engaged in such an activity appear to be employed, but are not fully employed.

Detailed explanation-3: -Unemployment in any nation has the following effects on the economy: The problem of unemployment gives rise to the problem of poverty. The government suffers an extra borrowing burden because unemployment causes a decrease in the production and less consumption of goods and services by the people.

There is 1 question to complete.