UPSC Exam > UPSC Questions > Consider the following statements:Statement-I...
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Consider the following statements:
Statement-I:
The gig economy primarily consists of long-term employment opportunities provided by large corporations.
The gig economy primarily consists of long-term employment opportunities provided by large corporations.
Statement-II:
Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.
Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.
Which one of the following is correct in respect of the above statements?
- a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
- b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
- c)Statement-I is incorrect, but Statement-II is correct
- d)Statement-I is correct, but Statement-II is incorrect
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Consider the following statements:Statement-I:The gig economy primaril...
Statement-I accurately defines the gig economy as a free market system where organizations hire or contract workers for a short span of time, differing from traditional long-term employment. This aligns with the characteristics of gig work mentioned in the provided source material. However, Statement-II is incorrect as gig workers, especially in India, often face challenges such as low wages and lack of benefits, indicating that they may not necessarily earn higher incomes compared to traditional full-time employees.
Most Upvoted Answer
Consider the following statements:Statement-I:The gig economy primaril...
Explanation:
Statement Analysis:
- Statement-I: The gig economy primarily consists of long-term employment opportunities provided by large corporations.
- Statement-II: Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.
Correct Answer: c) Statement-I is correct, but Statement-II is incorrect
Explanation:
- Statement-I: The gig economy is characterized by short-term, freelance, or temporary jobs rather than permanent positions offered by large corporations. Gig workers are independent contractors who work on a project-to-project basis.
- Statement-II: Gig workers in India do not predominantly earn higher incomes compared to traditional full-time employees. In fact, gig workers often face income insecurity, lack of job benefits, and fluctuating earnings.
Therefore, Statement-I is correct as it accurately defines the gig economy, while Statement-II is incorrect as gig workers in India do not necessarily earn higher incomes compared to traditional full-time employees.
Statement Analysis:
- Statement-I: The gig economy primarily consists of long-term employment opportunities provided by large corporations.
- Statement-II: Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.
Correct Answer: c) Statement-I is correct, but Statement-II is incorrect
Explanation:
- Statement-I: The gig economy is characterized by short-term, freelance, or temporary jobs rather than permanent positions offered by large corporations. Gig workers are independent contractors who work on a project-to-project basis.
- Statement-II: Gig workers in India do not predominantly earn higher incomes compared to traditional full-time employees. In fact, gig workers often face income insecurity, lack of job benefits, and fluctuating earnings.
Therefore, Statement-I is correct as it accurately defines the gig economy, while Statement-II is incorrect as gig workers in India do not necessarily earn higher incomes compared to traditional full-time employees.
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Consider the following statements:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect 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:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect 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:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statements:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect 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:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect 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:Statement-I:The gig economy primarily consists of long-term employment opportunities provided by large corporations.Statement-II:Gig workers in India predominantly earn higher incomes compared to traditional full-time employees.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is incorrect, but Statement-II is correctd)Statement-I is correct, but Statement-II is incorrectCorrect answer is option 'C'. Can you explain this answer?.
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