Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Which of the following is true in respect of "Hired worker"?

Options:

These are the people working for someone else and getting wages in return for the services

They can be categorized into 3 categories: Regular, Self employed and Casual

Both 1 and 2

Neither 1 nor 2

Correct Answer:

These are the people working for someone else and getting wages in return for the services

Explanation:

The correct answer is Option 1: These are the people working for someone else and getting wages in return for the services

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.