With reference to employment in India, consider the following statements:
The Labour Force Participation Rate (LFPR) includes both employed and unemployed individuals.
Casual labour refers to persons engaged in work that is not permanent and often lacks job security and benefits.
Regular wage/salaried employees typically receive fixed remuneration and social security benefits.
Which of the above statements is/are correct?

Question

"The Labour Force Participation Rate (LFPR) includes both employed and unemployed individuals." Correct. LFPR is defined as the percentage of the working-age population (15 years and above) that is actively participating in the labour market, either by working (employed) or seeking work (unemployed).
"Casual labour refers to persons engaged in work that is not permanent and often lacks job security and benefits." Correct. Casual labourers are typically hired on a day-to-day basis or for very short periods, and do not receive regular wages or benefits such as health insurance, pension, or leave.
"Regular wage/salaried employees typically receive fixed remuneration and social security benefits." Correct. These employees work on a formal or long-term contract, usually with a fixed monthly wage or salary. They often get job security and benefits such as PF (Provident Fund), paid leave, medical coverage, and pensions, especially in the public sector and large private companies.

GKToday Admin · Accepted Answer

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"The Labour Force Participation Rate (LFPR) includes both employed and unemployed individuals." Correct. LFPR is defined as the percentage of the working-age population (15 years and above) that is actively participating in the labour market, either by working (employed) or seeking work (unemployed).
"Casual labour refers to persons engaged in work that is not permanent and often lacks job security and benefits." Correct. Casual labourers are typically hired on a day-to-day basis or for very short periods, and do not receive regular wages or benefits such as health insurance, pension, or leave.
"Regular wage/salaried employees typically receive fixed remuneration and social security benefits." Correct. These employees work on a formal or long-term contract, usually with a fixed monthly wage or salary. They often get job security and benefits such as PF (Provident Fund), paid leave, medical coverage, and pensions, especially in the public sector and large private companies.

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