The sector which provides regular employment under the factories act and provides security of employment is:

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Unorganized sector

Organized sector

Private sector

None of the above

answer is B.

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Detailed Solution

The sector which provides regular employment under the factories act and provides security of employment is an organized sector.
People working in the organized sector are covered under the factories act and enjoy job security. The organized sector is the sector where the terms of employment are fixed, regular, and controlled, and the employees get assured work. The workers enjoy job security and a fixed income. For this reason, the organized sector comprises some of the most sought-after occupations in the country. However, this sector employs only a small proportion of the population. Making this situation worse is the rate at which employment opportunities are increasing in this sector, which is painfully slow. That is why a substantial number of the working population are forced to take up gainful employment in the Unorganized sector despite being exploited and underpaid.

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