From the type of workers given in Column I, identify the correct nature of work in Column II:
Cement shop owner: Classified as self-employed because they manage and operate their own business.
Construction worker: Categorized as a casual wage worker due to temporary and project-based work.
Civil engineer: Falls under regular salaried, as they are typically employed by organizations on a long-term basis.
Read the following text carefully from ‘The Economic Times’ dated 8th June, 2023:
{“The Reserve Bank of India’s (RBI’s) rate-setting panel unanimously decided to keep the benchmark lending rate unchanged at 6.5%. The committee voted to remain focused on the withdrawal of accommodative monetary policy.”}
On the basis of the given text and common understanding, answer the following questions: (a) Identify and discuss the economic issue indicated in the above text.
“Amita is a regular worker in a private firm that employs twelve hired workers.” Is she working in the formal/informal sector? Give valid reasons in support of your answer.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
“Information Technology can play a crucial role in rural development.”
Discuss briefly the given statement.
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):