Find out the correct statement pertaining to the formal sector employment: Option 1: Insecurity of employment Option 2: Prestige Option 3: Fixed wages Option 4: Do not get regular income

The answer is 'Fixed wages'. View full solution:

CUET Economics - Find out the correct statement pertaining to the formal sector employment: | PYQs + Solutions

CUET Economics

Indian Economic Development

Medium

Insecurity of employment

Prestige

Fixed wages

Do not get regular income

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 4

In the last few decades, there has been rapid growth in the gross domestic product, but without simultaneous increase in ________.

This has forced the government to take up initiatives in generating employment opportunities particularly in the rural areas.

CUET Economics 2022 Slot 5

The process of moving from self-employed and regular salaried employment to casual wage work is known as _______.

CUET Economics 2023 Slot 2

Match List I with List II

	LIST I		LIST II
A.	Growth in GDP without generating employment	I.	Formal Sector
B.	Process of moving self employment and regular salaried to casual wage work	II.	Jobless Growth
C.	All establishments which employ 10 hired workers or more	III.	Casualization of work force
D.	Increases in proportion of workforce in informal sector	IV.	Informalization of work force

Choose the correct answer from the options given below: