New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Consider the following statements regarding the informal

    workforce in India: I. Around 91% of India’s workforce is engaged in the informal sector. II. Workers in the informal sector generally lack access to social security benefits. III. In the next two decades, India will be a young society with a large working-age population. Which of the statements given above is/are correct?
    A I & II only Correct Answer Incorrect Answer
    B II & III only Correct Answer Incorrect Answer
    C I & III only Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Around 91% of India's workforce is employed in the informal sector and lacks access to social security. However, India is expected to become an ageing society in the next two decades, not a young society.

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