Growth and Development
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Q 11. The growth in progressive regions affects the growth in lagging regions through Spread effects and Backwash effects is the analysis put forward by
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Q 12. Circular cumulative causation theory is developed by Swedish economist
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Q 13. The coexistence of organised and unorganised money market in the LDCs is called
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Q 14. Utmost secrecy in maintaining accounts and lending procedures is the characteristics of
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Q 15. Defective system of maintaining accounts at receipts are not issued for interest charged and the principal repaid is the characteristics of
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Q 16. Multiplicity of interest rates at the interest rate varying with the need of the borrower, the amount of loan, the time for which it is needed, and the nature of security is the characteristics of
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Q 17. Multiplicity of lending activities, i.e., combining moneylending with other economic activities such as trading is the characteristics of
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Q 18. Flexibility in loan transactions is the characteristics of
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Q 19. Informality in dealing with borrowers by the moneylenders is the characteristics of
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