Question

State and elaborate whether the following statements are true or false, with valid arguments:
[i.] In the recent past, the Government of India has taken crucial steps, like Jan-Dhan Yojana, for efficient allocation of financial resources. 
[ii.] Worker–population ratio is an indicator used for analyzing the employment situation in a nation.

Hint:

For statement-based questions, always support your answer with relevant policies or data.

Answer 1

[i.] True: Initiatives like Jan-Dhan Yojana ensure financial inclusion by enabling access to banking services for unbanked sections of society, improving financial resource allocation. 
[ii.] True: Worker–population ratio indicates the proportion of the working-age population engaged in productive employment, crucial for assessing labor market conditions.