Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Which of the following stands true in regard to "Worker-population" ratio?

  1. It is an indicator used for analysing the employment situation in the country.
  2. Ratio is inversely proportional to engagement of workforce in economic activities.
  3. It is useful in knowing the proportion of population that is actively contributing to production of goods and services.
Options:

1, 2 and 3

1 and 2

2 and 3

1 and 3

Correct Answer:

1 and 3

Explanation:

The correct answer is option 4: 1 and 3

The ratio is not inversely proportional to the engagement of the workforce. Instead, a higher ratio indicates a greater proportion of the population is engaged in productive activities. That means ratio is directly proportional to engagement of workforce in economic activities.