Answer: Option B
Answer: (b)India’s labour force is around 50 crore which includes people who are employed or not employed but actively searching for job. Working age population is more than the labour force because a lot of persons may not be part of labour force but are in working age population for example house wives or a person taking a break from his job. Employment rate is defined as the number of people employed as a percentage of labour force. Labour force participation rate is defined as the number of persons in the labour force as a percentage of working age population.