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Choose the given statement is true/false:

Educated unemployment is a peculiar problem in India.

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Detailed Solution

The above statement is true.
Unemployment is when everyone who can and are willing to work at the existing wage rate does not get work. Compared to rural areas, urban areas have more educated people, but many are unemployed. There is a paradox prevailing as there is a surplus of manpower in one category while the other is witnessing a shortage of manpower in another. There are a lot of people who possess technical skills and are not able to find jobs, but there’s a shortage of technical skills on the other hand.

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Choose the given statement is true/false:Educated unemployment is a peculiar problem in India.