Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

What are those enterprises, who employee 10 or more than 10 workers, known as?

 

Options:

Grouped sector enterprises

Un-grouped sector enterprises

Both 1 and 2

Neither 1 nor 2

Correct Answer:

Neither 1 nor 2

Explanation:

All the public sector establishments and those private sector establishments which employ 10 hired workers or more are called formal sector establishments and those who work in such establishments are formal sector workers.