Consider the following pairs of economic terms related to employment and their definition:
S.No. | Economic Term | Definition |
1. | Labour Force Participation Rate | (Labour force/ Total population) * 100 |
2. | Work Participation Rate | (Workers/ Total population) * 100 |
3. | Worker Population Ratio | Number of persons employed per 1000 persons |
Which of the pairs given above is/are correctly matched?
1 only
1 and 2 only
2 and 3 only
1, 2 and 3
The Labour Force Participation Rate is calculated by expressing the number of persons in the labour force as a percentage of the working-age population. The labour force is the sum of the number of persons employed and the number of persons unemployed. Thus, the measurement of the Labour Force Participation Rate requires the measurement of both employment and unemployment.
The Work Participation Rate (WPR) is defined as the percentage of total workers to the total population.
The worker Population Ratio is defined as number of persons per 1000 persons.
Nine litres are drawn from a cask full of water and it is then filled with milk, Nine litres of mixture are drawn and the cask is again filled with milk, The quantity of water now left in the cask to that of the milk in it is 16 : 9. How much does the cask hold?
Science & Technology · Easy
Sustainable development requires which of the following? 1. Preservation of ecological resources and greater use of renewable resources. 2. Encouragement to the use of environmentally-safe technologies for development purposes. 3. Formulation and implementation of policy framework for people-security and human justice, including ecological and economic security. Select the correct answer using the code given below:
Science & Technology · Easy
Consider the following statements about the Cabinet Mission: 1. Stafford Cripps was the Chairman of the Mission. 2. It supported the cause of Pakistan’s independence. 3. It recommended that provinces will have residuary powers. Which of the statements given above is/are not correct?
Science & Technology · Easy
The identity platform 'Aadhaar' provides open "Application Programming Interfaces (APIs)". What does it imply ? 1. It can be integrated into any electronic device. 2. Online authentication using iris is possible. Which of the statements given above is/ are correct ?
Science & Technology · Easy