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Consider the following statements:
1. Technologies like Artificial Intelligence (AI) and Internet of Things (IoT) give rise to Structural type of unemployment.
2. Workers being temporarily out of work due to change of jobs contributes to Frictional type of unemployment.
3. In the last 3 years, the Rural Unemployment rate in India has been more than the Urban unemployment rate.
Which of the statements given above is/are correct?
  • a)
    1 and 2 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements:1. Technologies like Artificial Inte...
Option 1 is correct. 
Option 2 is correct. 
Option 3 is incorrect. Urban unemployment rate stood at 8.89% whereas the rural unemployment rate was at 6.82% during the month of November 2019. 
Artificial intelligence and IoT technology is set to bring loss in manual jobs. This technology will bring structural changes in the nature of work. Hence, this will bring structural type of unemployment in the economy.
Frictional Unemployment is referred as unemployment which exists in any economy due to people being in the process of moving from one job to another.
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Consider the following statements:1. Technologies like Artificial Intelligence (AI) and Internet of Things (IoT) give rise to Structural type of unemployment.2. Workers being temporarily out of work due to change of jobs contributes to Frictional type of unemployment.3. In the last 3 years, the Rural Unemployment rate in India has been more than the Urban unemployment rate.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements:1. Technologies like Artificial Intelligence (AI) and Internet of Things (IoT) give rise to Structural type of unemployment.2. Workers being temporarily out of work due to change of jobs contributes to Frictional type of unemployment.3. In the last 3 years, the Rural Unemployment rate in India has been more than the Urban unemployment rate.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. Technologies like Artificial Intelligence (AI) and Internet of Things (IoT) give rise to Structural type of unemployment.2. Workers being temporarily out of work due to change of jobs contributes to Frictional type of unemployment.3. In the last 3 years, the Rural Unemployment rate in India has been more than the Urban unemployment rate.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Technologies like Artificial Intelligence (AI) and Internet of Things (IoT) give rise to Structural type of unemployment.2. Workers being temporarily out of work due to change of jobs contributes to Frictional type of unemployment.3. In the last 3 years, the Rural Unemployment rate in India has been more than the Urban unemployment rate.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.
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