GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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We classify economic activities into on organised and unorganised sector on the basis of
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nature of activity
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Working conditions
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Ownership
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All of the above
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Explanation:
Detailed explanation-1: -Solution. On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security.
Detailed explanation-2: -The Difference Between Organised Sector and Unorganised Sector is that the organised sector is well organised by the Government while unorganised sector is not. The organised sector is organised on the terms of employment and structure. Whereas in the unorganized sector, there is no such well-defined structure.
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