Challenger App

No.1 PSC Learning App

1M+ Downloads

Which of the following statements is true about the Current Daily Status (CDS) method for estimating unemployment?

  1. The CDS method considers the activity status of a person for each day of the seven days preceding the date of survey.
  2. Under CDS, a person who works for two hours or more during a day is considered employed for the whole day.
  3. The CDS method provides the lowest estimates of unemployment among the three measures.

    Aഇവയൊന്നുമല്ല

    Bരണ്ട്

    Cഒന്ന് മാത്രം

    Dഒന്നും മൂന്നും

    Answer:

    C. ഒന്ന് മാത്രം

    Read Explanation:

    • The Current Daily Status (CDS) method offers the most comprehensive and detailed measure of unemployment and underemployment.

    • By examining the activity status of individuals on a day-to-day basis over a week, it captures even partial unemployment.

    • If a person works for four hours or more during a day, they are considered employed for the full day; if they work for less than four hours, they are considered employed for half a day.

    • This granular approach allows for the estimation of person-days of unemployment, providing insights into the severity of unemployment and underemployment, and typically yields the highest estimates of unemployment due to its sensitivity to short-duration non-work periods.


    Related Questions:

    What is the key difference between simple growth rate and compound annual growth rate (CAGR)?

    What major factor initiated rapid changes in Kerala's economic state during the second phase of development (1976-1991)?

    1. Large-scale industrialization policies implemented by the state government.
    2. The migration of Keralites to Gulf countries for employment.
    3. Significant increase in domestic public expenditure and investment of small savings.
      Which country has the largest postal network in the world?
      Which group of people first came to Kerala primarily as traders?

      Which of the following programs are organized by Kerala Startup Mission to support student innovators?

      1. IDEA Fest provides student innovators with opportunities to present their ideas to an expert panel and receive grants up to 2 Lakhs.
      2. INSPIRE is a program aimed at strengthening student communities by increasing awareness about the strengths and weaknesses of IEDCs.
      3. i-Talk is a talk series that covers inspirational stories, innovation, and investor insights, hosted by Kerala Startup Mission.
      4. WHYHACK is a hackathon organized to find technological solutions for societal problems, in association with community partners.