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Fill in the blank: Mahatma Gandhi emphasized the importance of ___ and ___ in various crafts. |
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Riddle: I provide income and self-worth but can also lead to exploitation. What am I? |
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Production activity involves actions taken to create goods and services that generate income. |
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Consumption activity is crucial for calculating ___ and serves as a proxy for the overall economy. |
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False. The labour force comprises individuals who are either employed or actively seeking employment. |
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Fill in the blank: The workforce typically consists of individuals aged between ___ and ___. |
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WPR indicates the proportion of the workforce to the total population, assessing the percentage of the population involved in production and services. |
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Riddle: I represent the construction and operation of systems that distribute energy, but I am not a power plant. What am I? |
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Labour supply refers to the number of individuals available and willing to work at a given wage rate within a specific market or economy. |
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Fill in the blank: The formula for calculating Work Force Participation Ratio (WPR) is WPR = (Total number of workers)/(No. of ___ population in India) x 100. |
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True or False: Distribution activities include major overhauls of substation plants. |
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Fill in the blanks: The primary sector includes activities such as agriculture, forestry, ___, fishing, mining, and quarrying. |
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True or False: The overall participation rate for the country is approximately 41.2%. |
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Casualization of employment is the increase in the proportion of temporary workers over time, often due to a lack of opportunities in the organized sector. |
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Riddle: I am a sector that involves trade and services, but I don't produce goods. What am I? |
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Fill in the blank: In rural regions, men participate at a rate of ___ and women at 26.1%. |
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The secondary sector primarily focuses on manufacturing, construction, and the provision of electricity, gas, and water. |
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Informalization of employment refers to individuals finding work more in the informal sector rather than the formal sector, often transitioning from permanent jobs to casual and fixed-term contracts. |