Economics · Economy
Consider the following statements regarding employment trends in India: Statement-I: According to Periodic Labour Force Survey (PLFS) data, the Worker-Population Ratio (WPR) has shown an increasing trend in recent years. Statement-II: Real wages have consistently outpaced inflation across all sectors due to rapid private sector investments. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I
- 2Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I
- 3Statement-I is correct, but Statement-II is incorrect✓
- 4Statement-I is incorrect, but Statement-II is correct
Correct answer
Statement-I is correct, but Statement-II is incorrect
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