2026 · Q49
If Labour Force Participation Rate (LFPR) is 50% and Worker Population Ratio (WPR) is 45%, what is the Unemployment Rate?
General KnowledgeIndian Economy
- A5%
- B10%
- C15%
- DCannot be determined
Explanation
Unemployment Rate = (Labour Force - Workforce)/Labour Force x 100 = (LFPR - WPR)/LFPR x 100 = (50 - 45)/50 x 100 = 10%. The answer is (B).