Economy, asked by amitswami99, 9 months ago

give one special feature that distinguish formal sector from informal sector​

Answers

Answered by lekshmy99
15

Answer:

in formal sector there is a controlling and regulating authority .lt is based on certain rules and regulations

Answered by nihana07
5

formal sector loans are such loans which are taken either from the banks or the co-operatives. While informal sector loans are those which are taken from moneylenders, traders, employees, relative and friends.

Thank You!!

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