GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Small and scatter units which are largely outside the control of the government, is called ____
A
Organised sector
B
Unorganized sector
C
Public sector
D
All of these
Explanation: 

Detailed explanation-1: -The unorganised sector is characterised by small and scattered units which are largely outside the control of the government. There are rules and regulations but these are not followed. There is no provision for overtime, paid leave, holidays, leave due to sickness etc.

Detailed explanation-2: -The following are the 4 unorganised sector examples: Construction companies. Farming. Hotel management.

Detailed explanation-3: -The organised sector is one in which the job conditions are set and consistent, and workers are guaranteed work. The unorganised sector is one in which labor arrangements are not set and consistent, and businesses are not regulated by the government. Personnel in the organised sector are paid monthly.

There is 1 question to complete.