Question

The most serious economic problem in India is ___________.

• A. unemployment
• B. rising population
• C. poverty
• D. all of the above

Answer 1

The correct option is D all of the above

The most serious economic problems in India are:

1)Unemployment- High unemployment indicates the economy is operating below full capacity and is inefficient; this will lead to lower output and incomes. The unemployed are also unable to purchase as many goods, so will contribute to lower spending and lower output. A rise in unemployment can cause a negative multiplier effect.

2) This economic problem of rising population leads to poverty, lack of free medical assistance, lack of social security and bad living conditions.Excessive population leads to working institutions dysfunctionality and makes all plans to improve a country’s infrastructure, medical assistance facilities and social welfare initiatives ineffective. This includes the Indian Government which has struggled to enact reforms over the past 69 years since independence.

3) The direct effects of poverty are hunger, malnutrition and susceptibility to diseases. These have been identified as huge problems across the world. ... The growth of population in India is way beyond the growth in economy and the gross result is such that the poverty figures have remained more or less constant.