Formal Sector Social Security

Question

Which of the following benefits do formal sector workers enjoy?

Select an answer

Which of the following benefits do formal sector workers enjoy?

  1. No job security
  2. Social security benefits like provident fund, gratuity and pension — Correct Answer
  3. No paid leave
  4. No trade union rights
Explanation:
Correct Answer Explanation

Formal sector workers enjoy social security benefits including maternity benefit, provident fund, gratuity and pension.

Key Points:
  • They earn more than informal sector workers.
  • They can form trade unions and bargain for better wages.
  • Government protects their rights through labour laws.
  • They have regular income and job security.
Why Other Options Are Wrong
  • A, C, D: These describe informal sector conditions, not formal sector.

📚 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.

Author Avatar
Anvi Classes

Anvi classes for Current Affairs, GK, and General Studies MCQs. Prepare for UPSC, SSC, and other competitive exams with our comprehensive quizzes.