Economics · Money Market

Which of the following is not a feature of an underdeveloped money market?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Lack of sub-markets
2Uniform rate of interest✓
3Inadequate funds
4Existence of unorganised sector

Correct answer

Uniform rate of interest

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Which of the following is not a feature of an underdeveloped money market?

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Which of the following is not a feature of an underdeveloped money market?

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