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Home Questions CY492R8M7Q
Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Match the following

1. No entitlement to social security benefits A. Social effect of unemployment
2. All establishments which employ 10 or more hired workers B. Formal sector
3. Inequality in distribution of income C. Worker-population ratio
4. A measure of participation in employment D. Informal sector
Options:

1-D, 2-B, 3-A, 4-C

1-A, 2-B, 3-D, 4-C

1-B, 2-D, 3-C, 4-A

1-D, 2-C, 3-A, 4-B

Correct Answer:

1-D, 2-B, 3-A, 4-C

Explanation:

Informal sector employees are not entitled to social security benefits.

Formal sector establishments are those private and public establishments which employ 10 or more hired workers.

Inequality in the distribution of income shows the social effect of unemployment whereas, low level of savings and investment depicts economic effect of unemployment.

Worker population ratio is an indicator which is used for analysing the employment situation in the country. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country.

 

 

 

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