15 Views

Question : The concept of "wage employment" refers to:

Option 1: Self-employment in the agricultural sector

Option 2: Employment in the formal sector with regular wages and benefits

Option 3: Seasonal employment in rural areas

Option 4: Employment in the services sector


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Employment in the formal sector with regular wages and benefits


Solution : The correct answer is (b) Employment in the formal sector with regular wages and benefits

The concept of "wage employment" refers to employment in the formal sector with regular wages and benefits. It typically involves working for an employer or organization where a formal employment relationship exists. In wage employment, individuals receive a regular salary or wage for their work, which is often supplemented by benefits such as health insurance, retirement plans, and paid leave. This type of employment is characterized by a structured work environment, legal protections, and adherence to labor laws and regulations. Wage employment is often contrasted with self-employment, where individuals work for themselves and are responsible for generating their own income.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
UPES B.Tech Admissions 2026
Apply
Last Date to Apply: 28th Feb | Ranked #43 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
BML Munjal University | B.Tec...
Apply
A Hero Group Initiative | Up to 100% Scholarships | Highest CTC 32.99 LPA | Average CTC 8.45 LPA | Accepts JEE Score | Applications Closing Soon!
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books