Which of the Following Has Not Been a Factor in India's

question 42

Multiple Choice

Which of the following has not been a factor in India's habitual political fragmentation?

• A) The extremely varied Indian landscape.
• B) The many different forms of economic activity.
• C) India's complex social hierarchy.
• D) Many languages and cultural practices.
• E) The Hindu practice of pilgrimage.

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Definitions:

Asymmetric Information

A scenario where one participant in a deal possesses greater or more advanced information than the other.

Adverse Selection

A situation where uneven information leads to transactions between parties where one party has more or better information than the other, often seen in insurance markets.

Occur

To happen or take place, referring to events or phenomena.

Adverse Selection

A situation in which one party in a transaction has more information than the other, often leading to an imbalance in which high-risk individuals are more likely to select and benefit from certain agreements, policies, or products.