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Organised banks are government owned whereas unorganised banks are owned by private businessmen
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∙ 10y ago
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Distinguish features of organised and unorganised financial systems in finance?
What are the features of organised and unorganised
What is the meaning of a formal sector?
On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. The organised sector covers those enterprises of work where the terms of employment are regular and where people have assured employment. It is registered, follows government rules and regulations, and has employees and employers union. It is called organised as it has some formal processes and procedures. The employment conditions prevailing in the organised and unorganised sectors are vastly different. The organised sector has companies registered with the government and hence, it offers job security, paid holidays, pensions, health, fixed working hours, extra pay for overtime work, medical and other allowances, gratuity, superannuation, provident fund, and various other benefits. In the organised sector, rules and regulations given in various laws by the government such as Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Establishments Act, etc. Most of the services, industries, schools and factories fall under this category.
Why did you choose banking a your profession?
Banking is a reliable sector.You get a secure,comfortable job.Moreover you can devote a good balance of time to your family and to your work.Lastly banking sector is an organised sector and is the need for every individual today.Engineering touches people but banking make`s peopleRead more: Why_choose_banking_after_engineering
Is investment banking part of the Core banking systems?
No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
What is postal banking?
postal banking is the sysem of banking faster system to develop to the banking process.
Distinguish features of organised and unorganised financial systems in finance?
What are the features of organised and unorganised
What is the percentage of organised and unorganised retail in India?
what is the percentage of organised oan unorganised retail in india
Total market of buttermilk in delhi and NCR?
Total market of buttermilk in dehi and NCR (organised and unorganised) is 25cr
Difference between organised and unorganised retail sector?
Differences between organised and unorganized retail can be specified on the basis of their ownership, logistic and supply chain facilities and structure of management (Both in formal and In formal buying organisation ) .
Why more people engaged in organised sector than in unorganised sector?
organised sectors are handled by govt. and have paper work and works according to the rules and laws abided to them. think by your own and try to justify. use ur brain plz.......
What is the difference between information technology and electronic data processing?
Information technology (IT) refers to the broader field that encompasses the use of computers and software to manage and process information. Electronic data processing (EDP) specifically focuses on the automated processing of data using computers. Essentially, EDP is a subset of IT that deals specifically with the processing of electronic data.
What is the meaning of a formal sector?
On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. The organised sector covers those enterprises of work where the terms of employment are regular and where people have assured employment. It is registered, follows government rules and regulations, and has employees and employers union. It is called organised as it has some formal processes and procedures. The employment conditions prevailing in the organised and unorganised sectors are vastly different. The organised sector has companies registered with the government and hence, it offers job security, paid holidays, pensions, health, fixed working hours, extra pay for overtime work, medical and other allowances, gratuity, superannuation, provident fund, and various other benefits. In the organised sector, rules and regulations given in various laws by the government such as Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Establishments Act, etc. Most of the services, industries, schools and factories fall under this category.
What has the author Irene Tom written?
Irene Tom has written: 'Women in unorganised sector' -- subject(s): Employees, Silk industry, Women silk industry workers 'Women in Organised Sector'
What are cells that do have a nuclei?
Nucleus is an imp component of cell essential for survival . An organised nucleus appears in eukaryotes(except mammalian rbc and sieve tube cells of phloem) for the first time .Prokaryotes have an unorganised nucleus....
Why choose banking after engineering?
Banking is a reliable sector.You get a secure,comfortable job.Moreover you can devote a good balance of time to your family and to your work.Lastly banking sector is an organised sector and is the need for every individual today.Engineering touches people but banking make`s people
Why did you choose banking a your profession?
Banking is a reliable sector.You get a secure,comfortable job.Moreover you can devote a good balance of time to your family and to your work.Lastly banking sector is an organised sector and is the need for every individual today.Engineering touches people but banking make`s peopleRead more: Why_choose_banking_after_engineering
How do you say unorganised in spanish?
Inorganizado
