Read the passage carefully and answer the questions based on the passage:

The demographic advantage or 'dividend' to be derived from the age structure of the population is due to the fact that India is (and will remain for some time) one of the youngest countries in the world. A third of India's population was below 15 years of age in 2011. In 2020, the average Indian was only 29 years old, compared with an average age of 37 in China and the United States, 45 in Western Europe, and 48 in Japan. This implies a large and growing labor force, which can deliver unexpected benefits in terms of growth and prosperity.

Which of the following is directly linked to the benefit of Demographic Dividend?

Reduced dependency ratio

The correct answer is Option 1: Reduced dependency ratio

The passage describes the "demographic dividend" as a benefit derived from having a young population, which results in a "large and growing labor force." A large labor force relative to the non-working population directly leads to a reduced dependency ratio, as there are more workers to support the dependents (those below 15 and above 64).