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Question

The situation wherein a person who is able and willing to work is unable to find a suitable job is called?
  1. Idleness
  2. Employment
  3. Unemployment
  4. Dismissal


Solution

The correct option is C Unemployment
Unemployment, also referred to as joblessness, occurs when people are without work and are actively seeking employment. Rapid mechanisation in factories and the lack of required skills are some of the reasons for the the high rate of unemployment in India. To counter this probem, the government has introduced several schemes for upskilling and encouraging self-employment and entrepreneurship.

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