Q. Consider the following statements about Employment elasticity:

Select the correct answer using the code given below:

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is B 2 only
Explanation:

Employment elasticity is a measure of the percentage change in employment associated with a one percentage point change in economic growth.

The employment elasticity indicates the ability of an economy to generate employment opportunities for its population as a percent of its growth (development) process.

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52. Consider the following-

i) Inter-linkage of demand of food and other sectors

ii) Interdependence of forces of labour supply and food demand

iii) Income elasticity of demand for food

Which of the above, in addition to employment-output elasticity, according to the passage, creates indirect employment?

Q. Regarding the Mahatma Gandhi National Rural Employment Guarantee Act, (MGNREGA) scheme, consider the following statements:

Select the correct answer using the codes given below:

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