Question

State and elaborate whether the following statements are true or false, with valid arguments:
[i.] In the recent past, the Government of India has taken crucial steps, like Jan-Dhan Yojana, for efficient allocation of financial resources. 
[ii.] Worker–population ratio is an indicator used for analyzing the employment situation in a nation.

Hint:

For statement-based questions, always support your answer with relevant policies or data.

Answer 1

[i.] True: The Jan-Dhan Yojana promotes financial inclusion by providing banking services to the unbanked population, leading to better resource allocation.
[ii.] True: The worker–population ratio measures the percentage of the working-age population employed in productive jobs, which is vital for evaluating labor market health.