Question
An establishement with four hired workers is known as              (formal/ informal) sector establishment.

Answer

Reason: An establishment with four hired workers is known as informal sector establishment.
An informal sector is an unorganised sector of the economy. It includes all enterprises that hire less than 10 workers, except farming and self employment ventures. Therefore, an establishment with four hired workers is known as informal sector establishment.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free