GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It covers those enterprises where the terms of employment are regular
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It is outside the control of the government
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Jobs are not regular
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It provides low salaries
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Detailed explanation-1: -Answer: Organised Sector is a sector where the employment terms are fixed and regular, and the employees get assured work. Unorganised sector is one where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government.
Detailed explanation-2: -Organized sector covers those enterprises or places of work where the terms of employment are regular. 2. Organized sectors are registered by the government and have to follow its rules and regulations such as the Factories Act and Minimum Wages Act.
Detailed explanation-3: -The following are the 4 organized sector examples: Government employees. Government schools and colleges. Registered industrial workers.
Detailed explanation-4: -Job security. Fixed wages. Fixed working hours. Facilities like paid leaves, sick leaves, payment during holidays. Provident fund.