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 is the significance of “Purchasing Power Parity” (PPP)?

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Which of the following sectors contributes the most to India’s GDP?

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Which of the following is NOT a component of Aggregate Demand?

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Which of the following is a feature of monopolistic competition?

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

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Which organization publishes the Human Development Index (HDI)?

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What is the primary function of the International Monetary Fund (IMF)?

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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Which of the following is considered a public good?

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What is “quantitative easing”?

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