No products in the cart.

What is informal sector?

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is informal sector?
  • 2 answers

Yogita Ingle 7 years ago

In the informal sector there is no supervisory body. The credit activities of this sector are only driven by profit with much higher interest rate. A high rate of interest means that a borrower spends more money to repay the loan and is left with less money for himself. This also leads to a debt trap.

Hiru ? 7 years ago

Sector not in control of govt, does not follow rules and regulations
https://examin8.com Test

Related Questions

Define Deccan plateau briefly
  • 0 answers
Describe the silesian weavers uprising
  • 0 answers
What was zollverein formed
  • 1 answers
Explain the process of unification of Germany
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App