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NextQ41

(a) Study the following chart of Employment and Gross Domestic Product. Analyse the trend of the two variables between 1990-2012. (Line chart titled "Growth of Employment and Gross Domestic Product. 1951-2012 (%)". GDP series: 1951-56: 3.6, 1956-61: 4.2, 1961-66: 2.8, 1968-74: 3.8, 1974-79: 4.8, 1980-85: 5.7, 1985-90: 5.8, 1990-92: 3.4, 1997-2000: 6.1, 1999-2005: 6.1, 2005-10: 8.7, 2010-2012: 7.8. Employment series: 1951-56: 0.39, 1956-61: 0.85, 1961-66: 2.03, 1968-74: 1.99, 1974-79: 1.84, 1980-85: 1.73, 1985-90: 1.89, 1990-92: 1.5, 1997-2000: 0.98, 1999-2005: 2.28, 2005-10: 0.28, 2010-2012: 1.12.) (b) Define Worker – Population Ratio. Explain why are regular salaried employees more in urban areas than in rural areas.

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Question 40

Read the following statements carefully : Statement 1 : Casual workers are hired on a permanent basis and also get social security benefits. Statement 2 : Workforce comprises, both employed and unemployed person. In the light of the given statements, choose the correct alternative from the following :

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