BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Insurance markets
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Public markets
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Financial companies
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Capital market
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Detailed explanation-1: -Capital markets are used primarily to sell financial products such as equities and debt securities. Equities are stocks, which are ownership shares in a company. Debt securities, such as bonds, are interest-bearing IOUs.
Detailed explanation-2: -This sector includes retailers, manufacturers, utilities, business service providers (such as accountancy and law firms), caterers, haulage companies, airlines, construction companies and farms, among others.
Detailed explanation-3: -As per the RBI Act, the minimum net owned fund is Rs 200 lakhs. Earlier, the minimum requirement was Rs 25 lakhs, but with the latest amendment in 1999, the capital amount has been increased to Rs 2 crores.
Detailed explanation-4: -The term capital market includes the stock market, bond market, and related markets.