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8) Average Indian prefers to invest his/her money in gold rather than in stock market or in mutual funds. This is seen as having deleterious effect on the economy. Critically examine why. Also examine what should be the role of government in this regard.

Topic: Indian economy – Growth and Development

8) Average Indian prefers to invest his/her money in gold rather than in stock market or in mutual funds. This is seen as having deleterious effect on the economy. Critically examine why. Also examine what should be the role of government in this regard. (200 Words)

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