Explain the concept of the multi-programmed operating systems?

A multi-programmed operating systems can execute a number of programs concurrently. The operating system fetches a group of programs from the job-pool in the secondary storage which contains all the programs to be executed, and places them in the main memory. This process is called job scheduling. Then it chooses a

program from the ready queue and gives them to CPU to execute. When a executing program needs some I/O operation then the operating system fetches another program and hands it to the CPU for execution, thus keeping the CPU busy all the time.