Ananya Ahuja

Analysis of the Pairs
To determine how many pairs are correctly matched, let's examine each one:
1. Potential new RCEP members - Bangladesh and Sri Lanka
- Correctness: This pair is correct. Both Bangladesh and Sri Lanka have expressed interest in joining the Regional Comprehensive Economic Partnership (RCEP).
2. India's trade deficit with China in 2023... more-24 - Significant levels
- Correctness: This pair is also correct. India's trade deficit with China has remained notably high, indicating significant levels.
3. World Bank's estimated income gain for India rejoining RCEP - USD 100 billion annually
- Correctness: This pair is correct. The World Bank has projected substantial economic benefits for India if it rejoins RCEP, with estimates around USD 100 billion annually.
4. India's existing trade agreements with RCEP members - Excludes New Zealand and China
- Correctness: This pair is incorrect. India has existing trade agreements with several RCEP members, including New Zealand. It does not exclude New Zealand but does exclude China in the context of certain agreements.
Conclusion
Based on the analysis, three out of the four pairs are correctly matched. Therefore, the correct answer is option 'C', as only three pairs are accurate.

Understanding Casualisation of Workforce
Casualisation of the workforce refers to the trend where workers move from stable employment—either self-employment or regular salaried positions—into more precarious, casual forms of work. This phenomenon has significant implications for job security, employee benefits, and labor rights.
Key Features of Casualisation
- Shift... more to Casual Employment: Workers increasingly engage in temporary, part-time, or contract roles that do not guarantee long-term job security.
- Reduced Benefits: Casual workers often miss out on essential benefits such as health insurance, retirement plans, and paid leave, which are typically available to permanent employees.
- Increased Flexibility: While casual employment can provide flexibility for both employers and employees, it often leads to unpredictability in income and job stability for workers.
Context of Casualisation
- Economic Factors: Globalization, technological advancements, and corporate restructuring have led many companies to prefer flexible work arrangements.
- Labor Market Dynamics: In many sectors, the demand for a more flexible workforce has grown, leading to an increase in casual roles at the expense of traditional employment.
Conclusion
In summary, the correct answer to the question is option 'D' as it encapsulates the essence of casualisation— the transition from stable, self-employment or regular jobs to casual, often insecure, wage-based work. This trend poses challenges for workers seeking stability and fair compensation in an evolving labor market.