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

Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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Which of the following is a direct tax?

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Which of the following measures can reduce a trade deficit?

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What is meant by “marginal propensity to consume”?

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What is meant by “monetary policy”?

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What is “inflation targeting”?

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What does the Gini Coefficient measure?

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What does the term “national income” refer to?

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What is the objective of the Goods and Services Tax (GST)?

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Which economic concept is described as “the next best alternative foregone”?

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