Consider the following statements regarding employment trends in India:
Statement-I: According to PLFS (Periodic Labour Force Survey) data, the worker-population ratio has been increasing in the last seven years.
Statement-II: Real wages have increased in line with inflation due to more investment by the private sector.
Which one of the following is correct in respect of the above statements?1
Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I.
2
Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I.
3
Statement-I is correct, but Statement-II is incorrect.
4
Statement-I is incorrect, but Statement-II is correct.