According to data from the Centre for Monitoring Indian Economy (CMIE), India's average monthly female employment in 2021 was _______ higher than in 2020.

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  1. 5.2%
  2. 4.9%
  3. 6%
  4. 5%

Answer (Detailed Solution Below)

Option 2 : 4.9%
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RRB Group D Full Test 1
100 Qs. 100 Marks 90 Mins

Detailed Solution

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The correct answer is 0.049

Key Points

  • India's average monthly female employment in 2021 was 0.049 higher than in 2020, according to data from the Centre for Monitoring Indian Economy (CMIE).
  • The CMIE provides comprehensive data on various economic indicators, including employment statistics, which are crucial for understanding labor market dynamics.
  • Female employment data is a critical indicator of gender participation in the workforce and helps in assessing economic growth and development.
  • Understanding changes in female employment can aid in policy formulation aimed at improving gender equality in the labor market.

Additional Information

  • The Centre for Monitoring Indian Economy (CMIE) is a leading business information company.
  • CMIE produces economic and business databases and develops specialized analytical tools to deliver these to its customers for decision making and for research.
  • Its data is widely used by policy makers, researchers, and businesses to make informed decisions.
  • Tracking employment trends is essential for understanding the economic impact of policies and for planning future initiatives.

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