Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Identify the incorrect statement in the context of Employment :

Options:

Workers who own & operate an enterprise to earn their livelihood are known as self employed person

When a worker is engaged by some other person and paid his other salary on a regular basis they are known as regular salaried employees

Due to the seasonal change unemployment there is no employment opportunities n the village for new months is known as disguised unemployment

The construction workers are known as casual workers

Correct Answer:

Due to the seasonal change unemployment there is no employment opportunities n the village for new months is known as disguised unemployment

Explanation:

The correct answer is option (3) : Due to the seasonal change unemployment there is no employment opportunities n the village for new months is known as disguised unemployment

Seasonal unemployment, on the other hand, is related to variations in employment due to the seasons.

The term"disguised unemployment" is not used to describe situations where employment opportunities are temporarily reduced due to seasonal changes.  Disguised unemployment typically refers to a situation where individuals are employed in a way that their productivity or contribution to work is less than the available employment opportunities, often indicating inefficiencies in the allocation of labor resources.

Other statements are correct:

Self-employed person: Owning and operating an enterprise for their livelihood is a definition of being self-employed.

Regular salaried employees: Getting paid a regular salary by someone else is characteristic of salaried employment.

Casual workers: Construction workers often fall under the category of casual workers, meaning they may be hired on a temporary or project basis.