This article throws light upon the top seven characteristics of a developed money market. The characteristics are: 1. A Developed Commercial Banking System 2. Presence of a Central Bank 3. Sub-markets 4. Near Money-assets 5. Availability of Ample Resources 6. Integrated Interest-rate Structure 7. Other Factors. Characteristic # 1. A Developed Commercial Banking System: For a developed money market not [...]
This article throws light upon the three main components of capital market. The components are: 1. New Issue Market 2. Secondary Market 3. Financial Institutions. Capital Market: Component # 1. New Issue Market: The new issue market represents the primary market where new securities, i.e., shares or bonds that have never been previously issued, are offered. Both the new companies [...]
After reading this article you will learn about:- 1. Meaning of Venture Capital 2. Features of Venture Capital 3. Restrictions on Investment. Meaning of Venture Capital: The term 'venture capital' represents financial investment in a highly risky project with the objective of earning a high rate of return. While the concept of venture capital is very old, the recent liberalisation [...]