Question : Statement 1: The unemployment rate in India has been consistently declining over the past decade.
Statement 2: The labor force participation rate in India has been increasing steadily.
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: Statement 1 is true, statement 2 is false.
Solution : The correct answer is (c) Statement 1 is true, statement 2 is false.
While the first statement is true and reflects a general trend, the second statement is false. The labor force participation rate in India has not been consistently increasing over the past decade. In fact, it has been fluctuating and, in some periods, even declining. Factors such as social and cultural norms, gender disparities, and structural issues in the labor market contribute to the lower labor force participation rate in India.
