BANKING AFFAIRS

Detailed explanation-1: -The S&P BSE Dollex is the USD version of the S&P BSE index, a rule-based, broad index that has been designed to measure the performance of these same 30 Sensex companies (based on size and liquidity across sectors) listed at BSE Ltd in dollar terms rather than in rupee terms.

Detailed explanation-2: -Some examples of financial markets and their roles include the stock market, the bond market, forex, commodities, and the real estate market, among several others. Financial markets can also be broken down into capital markets, money markets, primary vs. secondary markets, and listed vs. OTC markets.

Detailed explanation-3: -Facilitate price discovery, provide liquidity to financing assets and reduce the cost of transaction are all functions of financial markets.

Detailed explanation-4: -The 5 roles of financial markets are ensuring a low cost of transactions and information, ensuring liquidity by providing a mechanism for an investor to sell the financial assets, providing security to dealings in financial assets, and providing facilities for interaction between the investors and the borrowers.

Detailed explanation-5: -Financial Markets include any place or system that provides buyers and sellers the means to trade financial instruments, including bonds, equities, the various international currencies, and derivatives. Financial markets facilitate the interaction between those who need capital with those who have capital to invest.