ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Borrowers and seekers of fund
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Bank and agent
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Businessman and RBI
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Insurance and banking
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Detailed explanation-1: -Meaning of Indian financial system. The financial system enables lenders and borrowers to exchange funds. India has a financial system that is controlled by independent regulators in the sectors of insurance, banking, capital markets and various services sectors.
Detailed explanation-2: -Financial market is a link between savers and the borrowers; a financial market helps to establish a link between savers and the investors by mobilising funds between them.
Detailed explanation-3: -The most important lenders are normally households, but firms, public entities and non-residents may also lend out excess funds. The principal borrowers are typically non-financial corporations and government, but households and non-residents also sometimes borrow to finance their purchases.
Detailed explanation-4: -Financial Institution. Their role is to mediate between the lender and the borrower. Financial Assets. Financial Services. Financial Markets. Money.