Revision Notes For Class 12 Business Studies Chapter 10 Financial Markets

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.

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