CHAPTER: - 9 MONEY MARKET AND CAPITAL MARKET OF INDIA Q.6. Distinguish between 3. Organized sector and Unorganized sector of the money market

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board

CHAPTER: - 9 MONEY MARKET AND CAPITAL MARKET OF INDIA

Q.6. Distinguish between

3. Organized sector and Unorganized sector of the money market.

 

Organized sector

Unorganized sector

In the organized market, the employment terms are fixed and regular.

In the unorganized market, the workers are paid on a daily basis.

The workers in the organized market get assured work and some basic facilities.

The workers in the unorganized market do not get assured work and no basic facilities such as medical policies are not provided to them.

The organized market is the one that is combined with the relevant administration or government and comprehends its rules and regulation.

The unorganized market is not associated with the government and therefore, no rules are expected to be followed.