Commerce Optional (UPSC-IAS)
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Forwarded from Civil Service Gurukul
Weaknesses of Indian Financial System
https://www.civilservicegurukul.com/weaknesses-of-indian-financial-system/

Even though Indian financial system is more developed today, it suffers from certain weaknesses. These may be briefly stated below: 1. Lack of co-ordination among financial Read More ... (https://www.civilservicegurukul.com/weaknesses-of-indian-financial-system/)
The post Weaknesses of Indian Financial System (https://www.civilservicegurukul.com/weaknesses-of-indian-financial-system/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Definition of Money Market & Characteristics of Money Market
https://www.civilservicegurukul.com/definition-of-money-market-characteristics-of-money-market/

Money market is a segment of financial market. It is a market for short term funds. It deals with all transactions in short term securities. These Read More ... (https://www.civilservicegurukul.com/definition-of-money-market-characteristics-of-money-market/)
The post Definition of Money Market & Characteristics of Money Market (https://www.civilservicegurukul.com/definition-of-money-market-characteristics-of-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Functions of Money Market
https://www.civilservicegurukul.com/functions-of-money-market/

Money market performs the following functions: 1. Facilitating adjustment of liquidity position of commercial banks, business undertakings and other non-banking financial institutions. 2. Enabling the central Read More ... (https://www.civilservicegurukul.com/functions-of-money-market/)
The post Functions of Money Market (https://www.civilservicegurukul.com/functions-of-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Importance of Money Market
https://www.civilservicegurukul.com/importance-of-money-market/

A well developed money market is essential for the development of a country. It supplies short term funds adequately and quickly to trade and industry. A Read More ... (https://www.civilservicegurukul.com/importance-of-money-market/)
The post Importance of Money Market (https://www.civilservicegurukul.com/importance-of-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Characteristics of a Developed Money Market
https://www.civilservicegurukul.com/characteristics-of-a-developed-money-market/

In every country some types of money market exists. Some of them are highly developed while others are not well developed. A well developed and efficient Read More ... (https://www.civilservicegurukul.com/characteristics-of-a-developed-money-market/)
The post Characteristics of a Developed Money Market (https://www.civilservicegurukul.com/characteristics-of-a-developed-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Defects of the Indian Money Market
https://www.civilservicegurukul.com/defects-of-the-indian-money-market/

Defects of the Indian money market are as follows: 1. Existence of unorganised segment: The most important defect of the Indian money market is the existence Read More ... (https://www.civilservicegurukul.com/defects-of-the-indian-money-market/)
The post Defects of the Indian Money Market (https://www.civilservicegurukul.com/defects-of-the-indian-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Players or Participants in the Indian Money Market
https://www.civilservicegurukul.com/players-or-participants-in-the-indian-money-market/

The following are the players in the Indian money market: Govt. RBI Commercial banks Financial institutions like IFCI, IDBI, ICICI, SIDBI, UTI, LIC etc.’ Discount and Read More ... (https://www.civilservicegurukul.com/players-or-participants-in-the-indian-money-market/)
The post Players or Participants in the Indian Money Market (https://www.civilservicegurukul.com/players-or-participants-in-the-indian-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Meaning and Definition of Capital Market & Characteristics of Capital Market
https://www.civilservicegurukul.com/meaning-and-definition-of-capital-market-characteristics-of-capital-market/

Capital market simply refers to a market for long term funds. It is a market for buying and selling of equity, debt and other securities. Generally, Read More ... (https://www.civilservicegurukul.com/meaning-and-definition-of-capital-market-characteristics-of-capital-market/)
The post Meaning and Definition of Capital Market & Characteristics of Capital Market (https://www.civilservicegurukul.com/meaning-and-definition-of-capital-market-characteristics-of-capital-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Functions of a Capital Market
https://www.civilservicegurukul.com/functions-of-a-capital-market/

The functions of an efficient capital market are as follows: 1. Mobilise long term savings for financing long term investments. 2. Provide risk capital in the Read More ... (https://www.civilservicegurukul.com/functions-of-a-capital-market/)
The post Functions of a Capital Market (https://www.civilservicegurukul.com/functions-of-a-capital-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Procedure of Public Issue
https://www.civilservicegurukul.com/procedure-of-public-issue/

Under public issue, the new shares/debentures may be offered either directly to the public through a prospectus (offer document) or indirectly through an offer for sale Read More ... (https://www.civilservicegurukul.com/procedure-of-public-issue/)
The post Procedure of Public Issue (https://www.civilservicegurukul.com/procedure-of-public-issue/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Players or Participants (or Intermediaries) in the Primary market/Capital Market
https://www.civilservicegurukul.com/players-or-participants-or-intermediaries-in-the-primary-market-capital-market/

There are many players (intermediaries) in the primary market (or capital market). Important players are as follows: 1. Merchant bankers: In attracting public money to capital Read More ... (https://www.civilservicegurukul.com/players-or-participants-or-intermediaries-in-the-primary-market-capital-market/)
The post Players or Participants (or Intermediaries) in the Primary market/Capital Market (https://www.civilservicegurukul.com/players-or-participants-or-intermediaries-in-the-primary-market-capital-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Special Features of the Indian Capital Market
https://www.civilservicegurukul.com/special-features-of-the-indian-capital-market/

Indian capital market has the following special features: 1. Greater reliance on debt instruments as against equity and in particular, borrowing from financial institutions. 2. Issue Read More ... (https://www.civilservicegurukul.com/special-features-of-the-indian-capital-market/)
The post Special Features of the Indian Capital Market (https://www.civilservicegurukul.com/special-features-of-the-indian-capital-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Government Securities Market
https://www.civilservicegurukul.com/government-securities-market/

Government Securities Market This is another constituent of the capital market. The govt. shall borrow funds from banks, financial institutions and the public, to finance its Read More ... (https://www.civilservicegurukul.com/government-securities-market/)
The post Government Securities Market (https://www.civilservicegurukul.com/government-securities-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Defects of the Indian Primary Market
https://www.civilservicegurukul.com/defects-of-the-indian-primary-market/

The Indian primary market has the following defects: 1. The new issue market is not able to mobilise adequate savings from the public. Only 10% of Read More ... (https://www.civilservicegurukul.com/defects-of-the-indian-primary-market/)
The post Defects of the Indian Primary Market (https://www.civilservicegurukul.com/defects-of-the-indian-primary-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Secondary Market Reforms by the SEBI:
https://www.civilservicegurukul.com/secondary-market-reforms-by-the-sebi/

Since the establishment of Securities and Exchange Board of India (SEBI) in1992, the decade’s old trading system in stock exchanges has been under review.The main deficiencies Read More ... (https://www.civilservicegurukul.com/secondary-market-reforms-by-the-sebi/)
The post Secondary Market Reforms by the SEBI: (https://www.civilservicegurukul.com/secondary-market-reforms-by-the-sebi/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Role of SEBI in Secondary Market
https://www.civilservicegurukul.com/role-of-sebi-in-secondary-market/

Since its birth, Securities and Exchange Board of India has been playing an active role to make the secondary market healthy and efficient. It will issue Read More ... (https://www.civilservicegurukul.com/role-of-sebi-in-secondary-market/)
The post Role of SEBI in Secondary Market (https://www.civilservicegurukul.com/role-of-sebi-in-secondary-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Benefits of Stock Exchange ( Secondary Market)
https://www.civilservicegurukul.com/benefits-of-stock-exchange-secondary-market/

A. Benefits to Investors 1. The stock exchange plays the role of afriend,philosopherandguidetoinvestors by providing information about the prices of various securities. 2. It offers a Read More ... (https://www.civilservicegurukul.com/benefits-of-stock-exchange-secondary-market/)
The post Benefits of Stock Exchange ( Secondary Market) (https://www.civilservicegurukul.com/benefits-of-stock-exchange-secondary-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
New Financial Instruments in the Capital Market
https://www.civilservicegurukul.com/new-financial-instruments-in-the-capital-market/

With the evolution of the capital market, new financial instruments are being introduced to suit the requirements of the market. Some of the new financial instruments Read More ... (https://www.civilservicegurukul.com/new-financial-instruments-in-the-capital-market/)
The post New Financial Instruments in the Capital Market (https://www.civilservicegurukul.com/new-financial-instruments-in-the-capital-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Meaning of Secondary Market & Characteristics of a Secondary Market
https://www.civilservicegurukul.com/meaning-of-secondary-market-characteristics-of-a-secondary-market/

Meaning of Secondary Market Secondary market is a market for old issues. It deals with the buying and selling existing securities i.e. securities already issued. In Read More ... (https://www.civilservicegurukul.com/meaning-of-secondary-market-characteristics-of-a-secondary-market/)
The post Meaning of Secondary Market & Characteristics of a Secondary Market (https://www.civilservicegurukul.com/meaning-of-secondary-market-characteristics-of-a-secondary-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Economic Functions of Secondary Market
https://www.civilservicegurukul.com/economic-functions-of-secondary-market/

The stock exchange performs the following essential economic functions: 1. Ensures liquidity to capital: The stock exchange provides a place where shares and stocks are converted Read More ... (https://www.civilservicegurukul.com/economic-functions-of-secondary-market/)
The post Economic Functions of Secondary Market (https://www.civilservicegurukul.com/economic-functions-of-secondary-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).
Forwarded from Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 80
https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-80/

Topic – Indian Financial Market & Financial Institutions #Q.1) What are the important functions performed by an efficient financial system in an economy. Does it help in Read More ... (https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-80/)
The post Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 80 (https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-80/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).