Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following statement is true about "Self employed" worker?

  1. Worker who own and operate an enterprise to earn their livelihood are known as self-employed.
  2. About 25 per cent workforce in India belongs to this category.
  3. Examples of self employed workers: Teacher working in a school, casual wage labourers etc.
Options:

Only 1

Only 2

1 and 2

All of them

Correct Answer:

Only 1

Explanation:

Workers who own and operate an enterprise to earn their livelihood are known as self-employed. About 52 per cent workforce in India belongs to this category. Few examples of self-employed workers are: farmers, food truck owners, freelance writers etc.