Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Who is the major employer in the formal sector in India ?

Options:

Public Sector

Construction Sector

Software Industry

Trade and Transport

Correct Answer:

Public Sector

Explanation:

The correct answer is Option 1: Public Sector

Public sector is the major employer in the formal sector in India. In 2012, out of about 30 million formal sector workers, about 18 million workers were employed by the public sector. Here also men form the majority, as women constitute only about one-sixth of the formal sector workforce.