Question : Assertion: The Labor Force Survey (LFS) is conducted to gather comprehensive data on employment and unemployment in India.
Reason: LFS provides insights into the characteristics of the labor force, such as age, education, and industry distribution.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion that the Labor Force Survey (LFS) is conducted to gather comprehensive data on employment and unemployment in India is true. The LFS is a large-scale survey conducted by the National Sample Survey Office (NSSO) in India to collect data on various aspects of employment, unemployment, and the labor force. It provides valuable information on the size and composition of the labor force, employment trends, unemployment rates, and other related indicators.
The reason provided in the statement is also true. The LFS is designed to gather detailed information about the labor force, including its characteristics such as age, education, industry distribution, occupation, and more. By collecting such information, the LFS enables policymakers, researchers, and analysts to understand the dynamics of the labor market and make informed decisions related to employment policies, skill development initiatives, and economic planning.
Therefore, both the assertion and reason are true, and the reason correctly explains why the LFS is conducted.