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What is financial dualism? discuss the growth of indian financial system |
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Answer» Explanation: Financial dualism means the coexistence of organised and UNORGANISED money market in the LDCs. ... The unorganised money market includes INDIGENOUS bankers, moneylenders, both professional and non-professional, TRADERS, MERCHANTS, landlords, friends and RELATIVES, pawnbrokers, nidhis and chit funds. |
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