Topic Details (Notes format)

Gig Economy and Platform Workers

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

The gig economy—spanning delivery apps, ride-hailing, freelance digital services—generates new work avenues. Key issues include worker rights, social security coverage, and skill gaps. Government is exploring frameworks to ensure minimum wages, accident insurance, and dispute resolution. Exams may probe how platform-based models reshape employment structures, fostering flexibility yet risking job security.

Practice Questions

What does “primary sector” of the economy include?

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Which of the following is a characteristic of “perfect competition”?

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Which of the following is an example of fiscal policy?

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What is the purpose of the "Minimum Support Price" (MSP) in India?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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What is the main purpose of monetary policy?

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What is the main feature of a free-market economy?

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Which of the following causes demand-pull inflation?

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What is meant by “monetary policy”?

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What does the term “capital account” refer to in the balance of payments?

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