Question : Statement 1: Brain drain has a negative impact on employment opportunities in India.
Statement 2: Brain drain refers to the emigration of highly skilled individuals from a country.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Correct Answer: Both statements are true.
Solution : The correct option is (a) Both statements are true.
Statement 1 is true. Brain drain does have a negative impact on employment opportunities in India. When highly skilled individuals emigrate from a country, it can result in a loss of talent and expertise that could have contributed to the country's development and economy. The departure of skilled professionals can create gaps in key sectors, leading to a shortage of skilled workers and limited employment opportunities.
Statement 2 is also true. Brain drain refers to the emigration of highly skilled individuals from a country. These individuals often seek better employment prospects, higher wages, and improved living conditions in other countries. Brain drain is a global phenomenon, and it affects countries by reducing their pool of skilled workers and hindering their economic growth and development.
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Question : Statement 1: Labor market flexibility is essential for promoting employment growth in India.
Statement 2: Labor market flexibility refers to the ease of hiring and firing workers.
Question : Statement 1: The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) provides financial incentives to employers for job creation.
Statement 2: PMRPY is aimed at increasing formal employment opportunities in India.
Question : Statement 1: The Unemployment Insurance Scheme provides financial assistance to unemployed individuals in India.
Statement 2: The scheme is funded by contributions from both employers and employees.
Question : Statement 1: The National Policy for Skill Development and Entrepreneurship aims to create a skilled workforce in India.
Statement 2: The policy focuses on promoting entrepreneurship as a means of reducing unemployment.
Question : Statement 1: Unemployment rates are generally higher among educated youth compared to uneducated individuals in India.
Statement 2: Lack of employable skills is a significant challenge for job seekers in India.
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