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Q.

Job security is a feature of which of the following sectors?


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a

Organised sector

b

Unorganised sector

c

Primary sector

d

Secondary sector 

answer is A.

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Detailed Solution

Job security is a feature of the Organised sector. These places are under the government's control. They must follow specific rules, regulations, and laws like the Factories Act, Minimum Wages Act, Payment of Gratuity Act, and Shops and Establishments Act. Features of the organised sector are:
1)      Fixed working hours and paid overtime
2)      Paid leave
3)      Payment during holidays
4)      Medical benefits
5)      Provident fund
6)      Pensions
Due to the advantages mentioned above of organised workplaces, they are the most sought-after. But according to statistics, only 2.8 crores out of 46.5 crores are employed in this sector.
    
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