CSEET · Economic and Business Environment · Indian Economy
The organised and unorganised sectors in India are distinguished mainly on the basis of which feature?
The organised and unorganised sectors are distinguished by whether enterprises are registered and follow regulated, regular terms of employment under government laws. Ownership is a separate classification, since both public and private enterprises can be organised, while unorganised units have irregular, unregulated work.
- AWhether the activity is in agriculture or industry
- BWhether the enterprise is owned by the government or by private persons
- CWhether employment terms are regular and regulated, with registration under government lawsCorrect
- DWhether the enterprise exports its output
Explanation
The organised sector has registered enterprises with regular, regulated employment terms and social security. The unorganised sector has small, scattered units with irregular and largely unregulated employment. Ownership (public or private) is a different classification and does not define organised status.
Did you get it right without looking?
One question tells you little. A timed set on Indian Economy shows your real accuracy, how long you take and where you lose marks.
More Indian Economy questions
- Which statement best describes the shift in approach from the Planning Commission to NITI Aayog?
- Which description best fits the Indian economy in terms of its economic system as taught in the CSEET syllabus?
- The New Economic Policy introduced in India in 1991 is commonly summarised by which three-word set of reform directions?
- A poverty line in India based on the minimum consumption expenditure needed to obtain a basic basket of goods and services is an example of …
- Which of the following statements about the measurement of inflation in India is correct under the current framework?
- Which of the following is a correct contrast between the Planning Commission and NITI Aayog?