Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

Which of the following options denotes the sector covering those enterprises or places of work where the terms of employment are regular?

Options:

Unorganized sector

Organized sector

Informal sector

None of the above

Correct Answer:

Organized sector

Explanation:

Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. They are registered by the government and have to follow its rules and regulations which are given in various laws such as the Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops and Establishments Act etc.  It is called organised because it has some formal processes and procedures.