Which of the following statement is NOT true?

1. Technology used in the informal sector is top-notch and highly competitive in the domestic and international markets.
2. Proper records and accounts are maintained by the informal sector workers.
3. Workers in informal sector get regular income and social security benefits.

1, 2 and 3

All the above statements are false, workers and enterprises in the informal sector do not get regular income; they do not have any protection or regulation from the government. Workers are dismissed without any compensation. Technology used in the informal sector enterprises is outdated; they also do not maintain any accounts.