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India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors. Thus, a financial system can be said to play a significant role in the economic growth of a country by mobilizing the surplus funds and utilizing them effectively for productive purposes. FEATURES OF INDIAN FINANCIAL SYSTEM: It plays a vital role in economic development of a country. It encourages both savings and investment. It links savers and investors. It helps in capital formation. It helps in allocation of risk. It facilitates expansion of financial markets. COMPONENTS/ CONSTITUENTS OF INDIAN FINANCIAL SYSTEM The following are the four major components that comprise the Indian Financial System: 1. Financial Institutions 2. Financial Markets 3. Financia.
India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors. Thus, a financial system can be said to play a significant role in the economic growth of a country by mobilizing the surplus funds and utilizing them effectively for productive purposes. FEATURES OF INDIAN FINANCIAL SYSTEM: It plays a vital role in economic development of a country. It encourages both savings and investment. It links savers and investors. It helps in capital formation. It helps in allocation of risk. It facilitates expansion of financial markets. COMPONENTS/ CONSTITUENTS OF INDIAN FINANCIAL SYSTEM The following are the four major components that comprise the Indian Financial System: 1. Financial Institutions 2. Financial Markets 3. Financia.
l Services 4. Financial Assets
India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors. Thus, a financial system can be said to play a significant role in the economic growth of a country by mobilizing the surplus funds and utilizing them effectively for productive purposes. FEATURES OF INDIAN FINANCIAL SYSTEM: It plays a vital role in economic development of a country. It encourages both savings and investment. It links savers and investors. It helps in capital formation. It helps in allocation of risk. It facilitates expansion of financial markets. COMPONENTS/ CONSTITUENTS OF INDIAN FINANCIAL SYSTEM The following are the four major components that comprise the Indian Financial System: 1. Financial Institutions 2. Financial Markets 3. Financia.
India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors. Thus, a financial system can be said to play a significant role in the economic growth of a country by mobilizing the surplus funds and utilizing them effectively for productive purposes. FEATURES OF INDIAN FINANCIAL SYSTEM: It plays a vital role in economic development of a country. It encourages both savings and investment. It links savers and investors. It helps in capital formation. It helps in allocation of risk. It facilitates expansion of financial markets. COMPONENTS/ CONSTITUENTS OF INDIAN FINANCIAL SYSTEM The following are the four major components that comprise the Indian Financial System: 1. Financial Institutions 2. Financial Markets 3. Financia.
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Study Notes
Indian Financial System: Introduction
- The financial system enables lenders and borrowers to exchange funds.
Features of Indian Financial System
- Plays a vital role in economic development of a country.
- Encourages both savings and investment.
- Links savers and investors.
- Helps in capital formation.
- Helps in allocation of risk.
- Facilitates expansion of financial markets.
Components of Indian Financial System
- Financial Institutions
- Financial Markets
- Financial Instruments
- Financial Services
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