Question : Statement 1: The workforce participation rate in India is higher than in Pakistan.
Statement 2: India's labor-intensive industries and large population contribute to a higher workforce participation rate.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is true. The workforce participation rate in India is indeed higher than in Pakistan. This refers to the percentage of the working-age population that is either employed or actively seeking employment.
Statement 2 is also true. India's labor-intensive industries and large population contribute to a higher workforce participation rate. India has a diverse range of industries, including manufacturing, agriculture, services, and informal sectors, which employ a significant portion of the population. Additionally, India's large population provides a substantial labor force.
Related Questions
Know More about
Trending Articles/News
