Question

Identify which of the following statements given below is/are NOT true regarding the poor people.

पर्याय

• Lack of assets as well as income

• Lack of human capital

• Work in formal sector

• Too much dependency on the public

Answer 1

Work in the formal sector

Explanation:

Poor people generally lack assets and income, have limited human capital, and often depend too much on public resources. They mostly work in informal sectors, lacking job security and benefits, unlike formal sector workers. This is because poor people typically lack education and skills to secure formal employment and depend on informal, unstable jobs. Therefore, the statement that poor people “work in the formal sector” is incorrect.