SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
We classify economic activities into on organised and unorganised sector on the basis of
A
nature of activity
B
Working conditions
C
Ownership
D
All of the above
Explanation: 

Detailed explanation-1: -Dileep Vishwakarma. 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: -Based on the nature of the economic activities, the economy is classified into the primary sector, the secondary sector, and the tertiary sector. On the basis of asset ownership and responsibility for delivery of services, economic activities are classified into private and public sectors.

There is 1 question to complete.