Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

All the public sector establishments and those private sector establishments which employ 10 hired workers or more are called ___________.

Options:

Informal sector establishments

Formal sector establishments

Public sector establishments

Private sector establishments

Correct Answer:

Formal sector establishments

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. Whereas, all other enterprises and workers working in those enterprises form the informal sector.