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Single Answer MCQ
Q-00002693

What is the significance of the organised and unorganised sectors in the economy?

1

Organised sector provides job security, unorganised sector offers flexibility

2

Organised sector has higher productivity, unorganised sector has lower wages

3

Organised sector follows regulations, unorganised sector lacks formalities

4

Organised sector has skilled workers, unorganised sector has unskilled labor

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Sandeep Chaturvedi

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Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Organised sector follows regulations, unorganised sector lacks formalities

Solution:

The organised sector in the economy follows regulations and formalities, while the unorganised sector operates without adhering to such formalities.

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