Step 1: Group 13 Elements.
Group 13 elements (B, Al, Ga, In, Tl) typically exhibit a +3 oxidation state.
Step 2: Inert Pair Effect Explained.
In heavier Group 13 elements, such as Tl, the ns\(^2\) electrons are less likely to participate in bonding due to ineffective shielding and relativistic effects. This results in a stable +1 oxidation state (monovalency).
Step 3: Summary.
The inert pair effect explains the presence of monovalency in Group 13 elements.
Final Answer: \[ \boxed{\text{Inert Pair effect}} \]