Topics:
CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES, Indian Economic Development, NCERT Books
Formal Sector Social Security
Which of the following benefits do formal sector workers enjoy?
- No job security
- Social security benefits like provident fund, gratuity and pension — Correct Answer
- No paid leave
- 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.