What are the benefits of the organized sector?

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Social security

Pensions

Social status

All of the above

answer is D.

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Detailed Solution

Social security, pensions, and social status are the benefits of the organized sector. Economic activities can be classified into organized and unorganized sectors based on employment conditions. The organized sector has employment opportunities where the workers are informed about their tenure with regular and assured work and get health and insurance benefits. Their employers are registered with the government and have to follow the laws made by the government to ensure that the workers are well-protected. Everyone hopes for a job in an organized sector because of better wages or salaries, pension schemes, good working conditions, and many more. Such sectors should be promoted in the country.

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