Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following can be termed as "Hired worker"?

Options:

People working for someone else and getting wages in return for the services

Can be categorized into 2 categories: Regular and Casual

Both 1 and 2

Neither 1 nor 2

Correct Answer:

Both 1 and 2

Explanation:

There are 2 types of "Workers"

  1. Hired workers: These are the workers who are hired by others and are paid wages and salaries in return of their services. They can be further classified into regular and casual workers.
  2. Self-employed workers: Who use their own resources to earn their living.