CASE STUDY
Ravi works in a Multi- National Corporation. He attends his office from 9:30 am to 5:30 pm. He gets his salary at the end of every month. In addition to the salary, he also gets provident fund as per the rules laid down by the government. He also gets medical and other allowances. He does not go to office on Sundays. This is a paid holiday. When he joined work, he was given an appointment letter stating all the terms and conditions of work.
Question:
Which sector of economy does Ravi work?
A. Primary
B. Unorganised
C. Organised
D. None of these
Answers
Answer:
The answer is (c)
Explanation:
Organised sector is a sector where terms and conditions of employment are regular and as per rules and regulations passed by the Government. The terms and conditions of employment follow the main tenets of various Acts passed by the Government like the Minimum Wages Act, Payment of Gratuity Act etc.
Four main features of the organised sector are as listed below:
1 Employees enjoy the security of employment.
2 In case they work more, they are paid overtime.
3 The employees get paid leaves, provident fund, medical etc.
4 Basic health and sanitation facilities are provided to the workers like free medical check up, clean drinking water etc.
Hope this answer helps !
Answer:
I guess c is the correct answer.
Explanation:
I hope it's helpful to you!!