ILO and Informal Sector

Question

Which international organisation has made efforts to improve the condition of informal sector workers in India?

Select an answer

Which international organisation has made efforts to improve the condition of informal sector workers in India?

  1. World Bank
  2. International Monetary Fund
  3. International Labour Organisation (ILO) — Correct Answer
  4. World Trade Organisation
Explanation:
Correct Answer Explanation

Owing to the efforts of the International Labour Organisation (ILO), the Indian government has initiated the modernisation of informal sector enterprises and provision of social security measures.

Key Points:
  • Since the late 1970s, developing countries started paying attention to the informal sector.
  • ILO has been working to improve conditions of informal workers globally.
  • India initiated modernisation of informal enterprises and social security for workers.
Why Other Options Are Wrong
  • A: World Bank focuses on development financing.
  • B: IMF deals with monetary cooperation.
  • D: WTO deals with international trade.

📚 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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