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 Most of the unemployment in India is: 
  • a)
    Voluntary
  • b)
    Structural
  • c)
    Frictional 
  • d)
    Technical
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Most of the unemployment in India is:a)Voluntaryb)Structuralc)Friction...
Structural unemployment is a form of unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap). Structural unemployment is often brought about by technological changes that make the job skills of many of today's workers obsolete.

Structural unemployment is one of several major categories of unemployment distinguished by economists, including frictional unemployment, cyclical unemployment, involuntary unemployment, and classical unemployment.
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Most of the unemployment in India is:a)Voluntaryb)Structuralc)Frictionald)TechnicalCorrect answer is option 'B'. Can you explain this answer?
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Most of the unemployment in India is:a)Voluntaryb)Structuralc)Frictionald)TechnicalCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Most of the unemployment in India is:a)Voluntaryb)Structuralc)Frictionald)TechnicalCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Most of the unemployment in India is:a)Voluntaryb)Structuralc)Frictionald)TechnicalCorrect answer is option 'B'. Can you explain this answer?.
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