Question : The "formal sector" refers to:

Option 1: The sector of the economy that includes self-employed individuals and small-scale businesses

Option 2: The sector that is regulated by the government

Option 3: The sector that focuses on manufacturing industries

Option 4: The sector that relies on foreign direct investment

Question : In the context of human capital, the term "knowledge economy" refers to an economy that:

Option 1: Relies primarily on agriculture

Option 2: Focuses on manufacturing industries

Option 3: Emphasizes the production and use of knowledge and information

Option 4: Depends on natural resources extraction

Question : For commercial bank lending, the 'Priority Sector' denotes:

Option 1: self-employed

Option 2: agriculture and small-scale industries

Option 3: small industrialists

Option 4: small farmers

Question : The concept of "labor force" includes:

Option 1: Employed individuals ony

Option 2: Unemployed individuals only

Option 3: Employed and unemployed individuals

Option 4: Working-age population

Question : The concept of "guest workers" refers to:

Option 1: Workers who are temporarily employed in a foreign country

Option 2: Workers who are self-employed in the informal sector

Option 3: Workers who migrate from rural to urban areas for better job opportunities

Option 4: Workers who are unemployed and discouraged from seeking employment