Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following are true?

Options:

Worker population ratio acts as an indicator to analyse the employment situation of a country.

About 60 per cent of urban workers are in the service sector.

About 60 per cent of the workforce in rural India depends on agriculture, forestry and fishing.

 

All of these

Correct Answer:

All of these

Explanation:

All the statements mentioned above stands to be correct.

In order to understand the employment situation of a country, worker-population ratio plays an important role. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country. If the ratio is higher, it means that the engagement of people is greater; if the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activities.

About 60 per cent of the workforce in rural India depends on agriculture, forestry and fishing. About 20 per cent of rural workers are working in manufacturing industries, construction and other industrial activities. Service sector provides employment to about 20 per cent of rural workers. Agriculture is not a major source of employment in urban areas where people are mainly engaged in the service sector. About 60 per cent of urban workers are in the service sector. The secondary sector gives employment to about one-third of urban workforce.