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Q.

The ____ sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work.


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Detailed Solution

The organised sector is where employment terms are fixed and assured work is provided to the employees. The workers have set working hours and are paid overtime if they have to work beyond those hours. Workers also enjoy job security in this sector. Thus, employment is secure. Several facilities are also available to workers, including gratuity, medical, provident fund and pension. Moreover, salaries, increments and promotions are followed properly. This sector follows every rule and regulation of the government. Examples of organised sectors are banks, multinational corporations and the government sector.
 
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