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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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Q: What is organised and unorganised market?
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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

Related questions

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


What is organised and unorganised banking?

Organised banks are government owned whereas unorganised banks are owned by private businessmen


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 does the money market consist of?

organised sector


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 is the opposite of organised retailing?

it is the chicken u eat at the market


What is organisational marketing?

An organised market functions as per the rules,regulations and procedures which are led down by the government.It has its own constitution and managing body for supervision,regulation and control.The stock exchange, the regulated market, produce exchange and bullion market, are examples of organised market.


How do you say unorganised in spanish?

Inorganizado