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Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO:
- This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region.
- Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Consider the following statements with respect to the ‘Call for ...
- The International Labour Organization (ILO) has released a report titled ‘A Call for Safer and Healthier Working Environments’.
- This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Hence, statement 1 is correct.
- Sectors such as mining and quarrying, construction, and utilities were identified as the most hazardous globally based on fatal occupational injury rates.
- Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries. Hence, statement 2 is correct.
Most Upvoted Answer
Consider the following statements with respect to the ‘Call for ...
Topic of economics:
1. Economics is the study of how societies allocate and utilize their limited resources to satisfy their unlimited wants and needs.
2. The fundamental economic problem is scarcity, which refers to the fact that resources are limited while human wants and needs are unlimited.
3. Microeconomics focuses on the behavior of individual economic agents, such as households and firms, while macroeconomics studies the behavior of the economy as a whole.
4. Economic efficiency refers to the optimal allocation of resources to maximize overall societal welfare.
5. Opportunity cost is the value of the next best alternative that is forgone when a choice is made.
6. Demand refers to the quantity of a good or service that consumers are willing and able to purchase at a given price, while supply refers to the quantity of a good or service that producers are willing and able to offer for sale at a given price.
7. The law of demand states that there is an inverse relationship between the price of a good and the quantity demanded, while the law of supply states that there is a direct relationship between the price of a good and the quantity supplied.
8. Equilibrium occurs in a market when the quantity demanded equals the quantity supplied, resulting in no shortage or surplus.
9. Market failure occurs when the allocation of resources by the market is inefficient and fails to maximize overall societal welfare.
10. Government intervention in the economy can be justified in cases of market failure or when there are externalities, which are the costs or benefits that affect parties not directly involved in the economic transaction.
1. Economics is the study of how societies allocate and utilize their limited resources to satisfy their unlimited wants and needs.
2. The fundamental economic problem is scarcity, which refers to the fact that resources are limited while human wants and needs are unlimited.
3. Microeconomics focuses on the behavior of individual economic agents, such as households and firms, while macroeconomics studies the behavior of the economy as a whole.
4. Economic efficiency refers to the optimal allocation of resources to maximize overall societal welfare.
5. Opportunity cost is the value of the next best alternative that is forgone when a choice is made.
6. Demand refers to the quantity of a good or service that consumers are willing and able to purchase at a given price, while supply refers to the quantity of a good or service that producers are willing and able to offer for sale at a given price.
7. The law of demand states that there is an inverse relationship between the price of a good and the quantity demanded, while the law of supply states that there is a direct relationship between the price of a good and the quantity supplied.
8. Equilibrium occurs in a market when the quantity demanded equals the quantity supplied, resulting in no shortage or surplus.
9. Market failure occurs when the allocation of resources by the market is inefficient and fails to maximize overall societal welfare.
10. Government intervention in the economy can be justified in cases of market failure or when there are externalities, which are the costs or benefits that affect parties not directly involved in the economic transaction.
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Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with respect to the ‘Call for Safer and Healthier Working Environments’ report released recently by the ILO: This report underscores that fatalities resulting from work-related accidents and diseases are more prevalent in the Asia-Pacific region. Fatal Occupational Injury Rate (FOIR) is a statistical measure used to quantify the number of deaths resulting from work-related accidents or injuries.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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