GENERAL KNOWLEDGE

Detailed explanation-1: -The enterprises or places of work where the terms of employment are regular and therefore, people have assured work. They are registered by the government and have to follow its various laws such as the Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shop and Establishment Act, etc.

Detailed explanation-2: -It applies to any employment if it employs 1000 employees in the respective state. It does not apply to any employees in any undertaking owned by the Central government or of the federal railway, except with the consent of the central government.

Detailed explanation-3: -The organised sector is made up of businesses that are registered with the government and follow its guidelines and regulations. These businesses usually have more resources, such as money and employees, than those in the unorganised sector. They also tend to be more efficient and productive.

Detailed explanation-4: -The Minimum Wages Act 1948 generally specifies minimum wage rates on a per day basis, and extends to the entire country and is revised within a period of not less than five years, however there is a provision to increase dearness allowance every two years.