Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

All those who are engaged in economic activities in whatever capacity-high or low are workers. In context of this, identify the correct statements

A. Even if some of them temporarily abstain from work due to illness injury or other physical disability or religious functions, and weather etc are also workers

B. Workers don't include all those who help the main worker in these activities.

C. Those who are self employed are also workers

D. Self employed are not workers

E. Mother teaching her own son is an economic activity

Choose the correct answer from the option given below

Options:

A and B only

B and D only

A and C only

C and E only

Correct Answer:

A and C only

Explanation:

The correct answer is option (3) : A and C only

"Those activities which contribute to the gross national product are called economic activities. All those who are engaged in economic activities, in whatever capacity — high or low, are workers. Even if some of them temporarily abstain from work due to illness, injury or other physical disability, bad weather, festivals, social or religious functions, they are also workers. Workers also include all those who help the main workers in these activities (B is incorrect). We generally think of only those who are paid by an employer for their work as workers. This is not so. Those who are self-employed are also workers (D is incorrect)."

Explanation :

- A. Even if some temporarily abstain from work due various reasons, they are still considered workers.

-C. Those who are self-employed are also considered workers.

Option B is incorrect because it suggests that workers don't include those who help the main worker, which is not accurate.

Option D is incorrect as self-employed individuals are considered workers.

Option E is incorrect. A mother teaching her own son would generally not be considered an economic activity in the formal economic sense. Economic activities typically involve the production, distribution, or consumption of goods and services for which there is a market transaction. When a mother teaches her own child, it usually falls under the realm of personal or familial activities rather than economic ones.