Financial System

fiscal System Trimester I 2009 Thursday, December 3, 2009 1 The term financial environment refers to the financial sector or financial system of a country. It comprises various financial institutions, instruments, policies and services concerning the financial sector. Meaning of fiscal System ? The financial system of a country performer a set of financial arrangements by which the savings in the economy ar mobilized for investment in productive assets. ? ? The financial system deals with all types of finance, agricultural, industrial, developmental and governmental finance. The suppliers and users of funds are a part of the financial system. Thus, the financial system is touch with borrowing and lending of funds or the demand and show of funds of all individuals, institutions, companies and the Government.

2 ? Thursday, December 3, 2009 Financial Market Capital Market money Market Organised Market Unorganised Market Foreign vary Market Government Securities Market Primary Market Secondary Market RBI Treasury Bills Bonds definitive Dealers Money Changers Foreign Banks Thursday, December 3, 2009 Importers and Exporters 3 Constituents of the Financial System 1. 2. 3. 4. Financial Markets: depart facilities for heave long term and short term funds. Financial Institutions: Serve as intermediaries between borrowers and lenders of funds. Financial Instruments: Are apply to raise funds in the financial foodstuffs Financial function: Services offered by various financial institutions. Financial Markets: ? Financial Markets refer to the market for borrowing and lending of funds. They provide facilities for buy and selling of financial claims. Capital Market: A cracking market may be defined as the market for borrowing and lending of long term funds. It is concerned with the raising of capital for the purpose of investment. Capital market is a market where securities issued by firms (ie... If you want to get a full essay, raise it on our website: Orderessay

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