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Question
Assertion and Reasoning:
Assertion (A): The unorganized sector of the money market lacks transparency.
Reasoning (R): Activities of the unorganized sector are largely confined to rural areas.
Options
(A) is True, but (R) is False
(A) is False, but (R) is True
Both (A) and (R) are True and (R) is the correct explanation of (A)
Both (A) and (R) are True and (R) is not the correct explanation of (A)
Solution
Both (A) and (R) are True and (R) is not the correct explanation of (A)
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RELATED QUESTIONS
Complete the correlation:
Co-operative banks : Organized sector :: Indigenous bankers : ___________
Find the odd word out:
Unregulated Financial intermediates:
Distinguish between Organized sector and Unorganized sector of the money market.
Identify and explain the concept from the given illustration:
Sara makes a monthly contribution to a fund jointly created by her friends. The collected fund is then given to a chosen member through lucky draw.
Find the odd word
Unregulated non-bank financial intermediaries -
Explain the structure of unorganized sector of money market in India
- Assertion (A): The unorganized sector of the money market Lacks transparency.
- Reasoning (R): Activities of the unorganized sector are Largely confined to rural areas.
Complete the correlation:
Co-operative banks : Organised Sector :: Indigenous bankers : ______
Factors which are working in unorganized money market.
- Money lenders
- Commercial bank
- Hundi
- Chit funds
