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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).
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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 are Disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
What is organised sector?
The sector,which is registered ,follows Govt. rules n regulations,have employees n employers union is called organised sector.The company form of business comes under organised sector.The private retail business is called un organised sector.Reliance retail is in organised sector,as it is in a company form n registered.
Meaning of unorganised sector?
The unorganised sector of the economy refers to the house-hold based manufacturing activity and small scale and tiny sector of industry.An unorganized sector is one in which there is no stability in profits or gains.Its production is limited and it is confined to limited area.It requires less man power and investment.The handicrafts, artisan professions, khadi and village industries, such as handloom sector, beedi making, agarbatti making, hand paper manufacture and match box industries etc., can be located in the unorganised sector of the Indian economy.
What are the disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
