CUET Economics PYQs

Find out the correct statement pertaining to the formal sector employment:

The process of moving from self-employed and regular salaried employment to casual wage work is known as _______.

Match List - I with List - II.

List - I List - II

(A) Increase in proportion of workforce in informal sector (I) More people are engaged to work, then required

(B) Open unemployment (II) Informalisation of work force

(C) Disguised unemployment (III) Worker uses his own resources to make a living

(D) self-employment (IV) People are willing to work, but fail to get work

Choose the correct answer from the options given below :