Instructions

Given below are a few data points on the Indian economy from 2005 to 2010:

*per capita GDP is arrived by dividing GDP by population.

Question 84

What was the approximate number of unemployed persons in 2006?

Solution

Population = GDP/GDP per capita
In 2006, GDP = Rs.41159.73 billion
GDP per capita = Rs. 36,553.93
=> Population = 41159.73*1000/36553.93
                      = 1126 million.

From the table, we can see that 8.9% of the total population was unemployed in 2006. 
=> Number of unemployed people = 0.089*1126 = 100 million (approx)
Therefore, option A is the right answer. 


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