Topic Details (Notes format)

Gig Workers and Social Security Frameworks

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Platform-based workers—delivery personnel, drivers—often lack formal contracts or benefits. Debates revolve around providing accident insurance, provident funds, or minimum wage protections. The draft Social Security Code includes gig workers under certain benefit schemes, but implementing robust coverage remains a challenge. Understanding how digital platforms track worker performance, set rates, and address disputes forms a crucial exam perspective on balancing flexibility with welfare entitlements.

Practice Questions

What does the “Human Development Index” measure?

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

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Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

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Which of the following is NOT a function of the World Trade Organization (WTO)?

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What is meant by “stagflation”?

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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 meant by “crowding out” in economics?

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

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

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