Formal Sector Workers Percentage

Question

In 2011-12, approximately what percentage of workers were in the formal sector?

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Question (English)

In 2011-12, approximately what percentage of workers were in the formal sector?

  1. 6 per cent ✓ Correct
  2. 15 per cent
  3. 30 per cent
  4. 50 per cent
Explanation:
Correct Answer Explanation

About only six per cent (30 million out of 473 million) of India's workers were in the formal sector in 2011-12.

Key Points:
  • The remaining 94% were in the informal sector.
  • In 2011-12, there were about 473 million workers in India.
  • About 30 million were in the formal sector.
  • About 18 million of formal sector workers were employed by the public sector.
Why Other Options Are Wrong
  • B, C, D: The correct figure is only about 6 per cent.

📚 About this Topic — CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES

This multiple choice question is from CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES to strengthen your preparation.

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