NCERT Business studies class 12 | Financial Markets chapter -10 cbse |
cbse class 12 business studies https://sugarybloom.blogspot.com/ class 12 business studies Chapter 10-Financial Markets Class 12 business studies important question and answers 1.Explain the concept of financial market. A financial market is a market for the creation and exchange of financial assets.Financial markets exist wherever a financial transaction occurs. Financial transactions could be in the form of creation of financial assets such as the initial issue of shares and debentures by a firm or the purchase and sale of existing financial assets like equity shares, debentures and bonds. 2.Explain the functions of financial market. Financial markets play an important role in the allocation of scarce resources in an economy by performing the following four important functions. 1. Mobilisation of savings and channelling them into the most productive uses: A financial market facilitates the transfer of savings from savers to investors....