Question

In India, there is lack of uniformity in the rates of interest in money

market because of __________

a)delays in technological upgradation b)lack of quick valuation

c)seasonal fluctuations in demand d)unproductive spending habits​

Answer 1

Answer:

brain list & thanks please

Explanation:

a)delays in technological upgradation

Answer 2

In India, there is a lack of uniformity in the rates of interest in the money market is because of delays in technological up-gradation.

• India has an unbalanced development throughout the country. The urban cities are technologically advanced whereas the rural areas lack the basic technologies.
• This has greatly affected the money market in India as it cannot be uniform throughout the country. It needs to adjust its rates according to the area in which they are catering to.
• The rural areas cannot use the money market if the rates are too high as compared to the urban areas where rates can be kept on a higher side.

Therefore the answer is (a) delays in technological up-gradation.