On the basis of employment conditions, the economy is divided into
organized and unorganized sectors
private and public sectors
seasonal and disguised sectors
primary, secondary and tertiary sectors
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CAPF – 2021
– Private and public sectors: Based on ownership of assets and delivery of services.
– Seasonal and disguised sectors: These are not standard sector classifications but relate to types of employment/unemployment. Seasonal unemployment occurs in certain seasons (e.g., agriculture), and disguised unemployment refers to a situation where more people are employed than necessary.
– Primary, secondary, and tertiary sectors: Based on the nature of economic activity (extracting raw materials, manufacturing, services).