Choose the given statement is true/false:

Unemployment exists in both rural and urban areas.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Unemployment exists in both rural and urban areas. In rural areas, seasonal and disguised unemployment exists. Seasonal unemployment is when people don’t get work for certain months in a year, for example, during harvest time. The agricultural sector in India has witnessed a situation of disguised unemployment. It refers to a situation when more people are working than required, or in other words, people appear to be working and are not sitting idle but are not employed completely. In urban areas, one can witness educated unemployment. Youth with matriculation, undergraduate, and postgraduate degrees cannot get employment. Lately, unemployment among graduates and postgraduates has increased.

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