Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsEmployment Growth Informalisation Other Issues1 Mark
Question
An establishement with four hired workers is known as (formal/ informal) sector establishment.
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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.
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