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Which of the following statements is/are correct?
A. Primary sector is still the major source of employment in India.
B. All the public sector establishment and those private sector establishment are called formal sector.
C. Majority of Indian work force is employed in the informal sector.
D. Majority of Indian work force is regular salaried.
E. Growth of employment has decelerated.
B. All the public sector establishment and those private sector establishment are called formal sector.
C. Majority of Indian work force is employed in the informal sector.
D. Majority of Indian work force is regular salaried.
E. Growth of employment has decelerated.
Choose the correct answer from the options given below:
- a)B and C only
- b)A and C only
- c)A and D only
- d)A and E only
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Which of the following statements is/are correct?A. Primary sector is ...
B. All the public sector establishment and those private sector establishment are called formal sector.
C. Majority of Indian work force is employed in the informal sector.
The correct answer is option 'B' - B and C only.
Explanation:
B. All the public sector establishment and those private sector establishment are called formal sector:
The formal sector refers to the part of the economy that is regulated by the government and follows all the labor laws and regulations. It includes both public sector establishments (owned and operated by the government) as well as private sector establishments. These establishments provide regular employment with fixed wages, benefits, and social security provisions. Workers in the formal sector have legal protections and benefits such as paid leave, job security, and access to healthcare.
C. Majority of Indian work force is employed in the informal sector:
The informal sector refers to economic activities that are not regulated by the government and do not follow formal labor laws. It includes self-employment, small-scale businesses, and casual labor. Workers in the informal sector do not have job security, social security benefits, or legal protections. They often work in low-paying jobs with long hours and are vulnerable to exploitation. The majority of the Indian workforce is employed in the informal sector, especially in sectors such as agriculture, construction, and domestic work.
Therefore, statements B and C are correct.
C. Majority of Indian work force is employed in the informal sector.
The correct answer is option 'B' - B and C only.
Explanation:
B. All the public sector establishment and those private sector establishment are called formal sector:
The formal sector refers to the part of the economy that is regulated by the government and follows all the labor laws and regulations. It includes both public sector establishments (owned and operated by the government) as well as private sector establishments. These establishments provide regular employment with fixed wages, benefits, and social security provisions. Workers in the formal sector have legal protections and benefits such as paid leave, job security, and access to healthcare.
C. Majority of Indian work force is employed in the informal sector:
The informal sector refers to economic activities that are not regulated by the government and do not follow formal labor laws. It includes self-employment, small-scale businesses, and casual labor. Workers in the informal sector do not have job security, social security benefits, or legal protections. They often work in low-paying jobs with long hours and are vulnerable to exploitation. The majority of the Indian workforce is employed in the informal sector, especially in sectors such as agriculture, construction, and domestic work.
Therefore, statements B and C are correct.
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Community Answer
Which of the following statements is/are correct?A. Primary sector is ...
The correct answer is B: A and C only.
- A. Primary sector is still the major source of employment in India: This statement is correct. Despite the growth of the secondary and tertiary sectors, the primary sector, which includes agriculture, forestry, and fishing, remains the largest source of employment in India. A significant portion of the population still relies on agriculture for their livelihood.
- B. All the public sector establishment and those private sector establishment are called formal sector: This statement is incorrect. The formal sector includes only those establishments that are registered, follow government regulations, and provide social security benefits to their employees. It includes both public and private sector establishments, but not all private sector establishments fall under the formal sector. Some may be part of the informal sector.
- C. Majority of Indian work force is employed in the informal sector: This statement is correct. The informal sector consists of establishments that are unregistered, do not follow government regulations, and do not provide social security benefits to their employees. A significant majority of the Indian workforce is employed in the informal sector, which includes small-scale industries, street vendors, and casual laborers.
- D. Majority of Indian work force is regular salaried: This statement is incorrect. The majority of the Indian workforce is engaged in the informal sector, where workers are typically not provided with regular salaries or social security benefits.
- E. Growth of employment has decelerated: This statement is debatable. While there has been a slowdown in employment growth in some sectors, employment opportunities in others, such as the service sector, have been growing. Overall, the growth of employment in India has been relatively slow in recent years, but it is not universally decelerating.
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Which of the following statements is/are correct?A. Primary sector is still the major source of employment in India.B. All the public sector establishment and those private sector establishment are called formal sector.C. Majority of Indian work force is employed in the informal sector.D. Majority of Indian work force is regular salaried.E. Growth of employment has decelerated.Choose the correct answer from the options given below:a)B and C onlyb)A and C onlyc)A and D onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer?
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Which of the following statements is/are correct?A. Primary sector is still the major source of employment in India.B. All the public sector establishment and those private sector establishment are called formal sector.C. Majority of Indian work force is employed in the informal sector.D. Majority of Indian work force is regular salaried.E. Growth of employment has decelerated.Choose the correct answer from the options given below:a)B and C onlyb)A and C onlyc)A and D onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Which of the following statements is/are correct?A. Primary sector is still the major source of employment in India.B. All the public sector establishment and those private sector establishment are called formal sector.C. Majority of Indian work force is employed in the informal sector.D. Majority of Indian work force is regular salaried.E. Growth of employment has decelerated.Choose the correct answer from the options given below:a)B and C onlyb)A and C onlyc)A and D onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/are correct?A. Primary sector is still the major source of employment in India.B. All the public sector establishment and those private sector establishment are called formal sector.C. Majority of Indian work force is employed in the informal sector.D. Majority of Indian work force is regular salaried.E. Growth of employment has decelerated.Choose the correct answer from the options given below:a)B and C onlyb)A and C onlyc)A and D onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer?.
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