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    Question

    According to the data provided by the Centre for

    Monitoring Indian Economy ,all India unemployment rate remained elevated in February 2023 and rose to______┬а from 7.14% in the previous month.
    A 7.45 percent Correct Answer Incorrect Answer
    B 7.55 percent Correct Answer Incorrect Answer
    C 8.1 percent Correct Answer Incorrect Answer
    D 8.7 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ┬а Joblessness measured by the CMIE All India unemployment rate remained elevated in February 2023 and rose to 7.45% from 7.14% in the previous month. ┬а Urban unemployment rate decreased for the second straight month and was at 7.93% in February as against 8.55% in January. Rural unemployment rate spiked to 7.23% last month from 6.48% in January. The employment rate, which is the most important indicator has dropped a little from 36.96% to 36.94%.

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