Economics · Sectors of the Indian Economy
Consider the following statements: Statement 1: The organised sector offers stable employment terms with social security benefits, and enterprises are registered with the government. Statement 2: The unorganised sector consists of small, unregistered enterprises where workers face irregular employment terms and lack social security. Which of the following options is correct?
- 1Both Statement 1 and Statement 2 are incorrect.
- 2Statement 1 is incorrect, but Statement 2 is correct.
- 3Statement 1 is correct, but Statement 2 is incorrect.
- 4Both Statement 1 and Statement 2 are correct.✓
Correct answer
Both Statement 1 and Statement 2 are correct.
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