- Books Name
- BUSINESS STUDIES-XII
- Publication
- ABCD CLASSES
- Course
- CBSE Class 12
- Subject
- Business Studies
CONCEPT & MEANING:
- Financial Markets: Concept, Functions, and types After going through this unit, the student/ learner would be able to:
- Understand the concept of the financial market.
- Understand the capital market and money market as types of financial markets.
- The money market and its instruments understand the concept of the money market.
- Describe the various money market instruments.
- Differentiate between capital market and money market
- Capital market and its types (primary and secondary) discuss the concept of the capital market.
- Explain primary and secondary markets as types of capital markets. Discuss the methods of floating new issues in the primary market.
- Distinguish between primary and secondary markets.
- Stock Exchange- Functions and trading procedures give the meaning of a stock exchange.
- Explain the functions of a stock exchange.
- Discuss the trading procedure in a stock exchange.
- Securities and Exchange Board of India (SEBI) - objectives and functions
- Give the meaning of depository services and demat account as used in the trading procedure of securities.
- State the objectives of SEBI.
- Explain the functions of SEBI.
Financial Intermediation = process of allocating funds from saving surplus units (E.g. households) to saving deficit units (e.g. industries, government, etc). Alternatives = Banks or Financial markets.