Distinguish between Organized sector and Unorganized sector of the money market.
|Organized sector of the money market||Unorganized sector of the money market|
The organized sector includes:
The unorganized sector includes:
|This sector comes under the purview of RBI.||This sector does not come under the control of RBI.|
|The interest rates are low and borrowers are not exploited.||The interest rates are very high and borrowers are exploited.|
|It mainly operates in urban, semi-urban, and certain rural areas.||It mainly operates in rural areas or remote regions where the organized sector is not developed.|
Concept: Structure of Money Market in India - Unorganized Sector
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