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Economics · 2025 · 4 marks
Employment: Growth, Informalisation and Other IssuesInformalisation of Indian Workforce4 marksUnderstandshort answer
CBSE 2025 · Region 5 · Set 1 · Q32
State and elaborate whether the following statements are true/false, with valid arguments: (a) The Indian economy has shown satisfactory progress…
State and elaborate whether the following statements are true/false, with valid arguments :
(a)
The Indian economy has shown satisfactory progress towards formalization of workforce in the recent years.
(b)
In the Indian rural landscape, agricultural diversification has emerged as a reasonable alternative to fill up the gaps in income.
Marking-scheme solution
(a)
False. In recent times, India has witnessed an unprecedented shift of workforce from formal to informal sectors. This may primarily be due to a decline in job opportunities in formal sector (public & private). Thus, informalisation of workforce has become a major challenge for the economy.
(b)
True. There is a greater risk in depending exclusively on farming for livelihood. Diversification has reduced the risk from uncertainties in the agriculture sector and has provided productive sustainable livelihood options to rural people.
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CBSE Class 12 Economics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.