The financial market is a link that connects surplus and deficit units. This chapter is incorporated into various concepts – meaning and definition of financial markets, functions of financial markets, classification of financial markets – money market and its features, capital market, stock exchange, types of operators in stock exchange, functions of stock exchange or secondary market, trading procedure on a stock exchange, all India level stock exchanges – National Stock Exchange of India (NSEI) and Over The Counter Exchange of India (OTCEI), common features of NSEI and OTCEI, objectives and nature of NSEI and OTCEI, developmental functions and regulatory functions.
Frequently asked Questions on CBSE Class 12 Business Studies Notes Chapter 10: Financial markets
What is a ‘Financial market’?
Financial markets refer broadly to any marketplace where the trading of securities occurs, including the stock market, bond market, forex market.
What is National Stock Exchange of India?
The National Stock Exchange is a premier marketplace for companies preparing to list on a major exchange.
What is Counter Exchange of India?
The Over-The-Counter Exchange of India (OTCEI) is an Indian electronic stock exchange composed of small- and mid-cap companies.