Question
Download Solution PDFWhich of the following statements are the defects of Indian Money Market?
(A) Profitable Investment
(B) Dichotomy in Indian Money Market
(C) Financing Industry
(D) Diversity in interest rates
Choose the correct answer from the options given below:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is option 4.
Important PointsFollowing are the defects of the Indian money market:
- Dichotomy between Organised and Unorganised Sectors
- Predominance of Unorganised Sector
- Wasteful Competition
- Absence of All-India Money Market
- Inadequate Banking Facilities
- Shortage of Capital
- Seasonal Shortage of Funds
- Diversity of Interest Rates
- Absence of Bill Market
Therefore, the correct answer is B and D only.
Last updated on Jun 27, 2025
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