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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
What is unorganised money market?
The unorganised money market refers to the informal sector of the financial system where transactions occur without regulatory oversight or formal institutions. It typically involves small-scale lenders, such as moneylenders and local businesses, offering loans at varying interest rates, often without standardized terms. This market is characterized by a lack of transparency and can be risky for borrowers due to potential exploitation and high-interest rates. It plays a crucial role in providing liquidity to individuals and small enterprises lacking access to formal banking services.
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).
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 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'
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
Difference between organised and unorganised retailing?
Ok, here is your answer! I think the difference is that when you walk in a door and most everything of one item is together and when you walk into another unorganized store, everything is everywhere and nothing has a place! Also, i think that an unorganized store is messy like the draw or closet that is is just junky. Th organised store is well kept and has everything nice neat and perfect!
What is organised and unorganised market?
In this market, there are number of money lenders, indigeneous bankers,traders ect. who lend money to the public,indigeneious bankers also collect deposit from public . There are also privet finance companies ,chitty fund etc,whose activites are not collected by the RBI ,recontly ,the RBI has taken steps to bring privet finance company and chitty funds under it stricts control by issuing non banking financial companies directions (1998).
