Question:
Which of the following statements is correct about the informal sector?
Which of the following statements is correct about the informal sector?
Updated On: Nov 4, 2024
- Those who are working in the informal sector enjoy social security benefits
- Informal sector includes self-employed who do not have any hired workers
- Employs 10 hired workers or more
- It includes all the public sector establishments
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The Correct Option is B
Solution and Explanation
The informal sector includes self-employed individuals who do not hire workers, and they often lack social security.
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