This article throws light upon the four main constituents of money market. The constituents are: 1. Call Money Market 2. Collateral Loan Market 3. Acceptance Market 4. Bill Market. Constituent # 1. Call Money Market: Call money market refers to the market for very short period. Bill brokers and dealers in stock exchange usually borrow money at call from the [...]
After reading this article you will learn about the Indian Money Market:- 1. Features of the Indian Money Market 2. Defects of the Indian Money Market 3. Reforms. Features of the Indian Money Market: In money market short term surplus funds with banks, financial institutions and others are bid by borrowers, i.e., individuals, companies and the Government. In the Indian [...]
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 [...]