UNIT I
Concept of financial system: Formal and informal financial systems, Functions of financial
system, Nature and Role of financial institutions and financial markets, financial system and
the economy.
UNIT II
Money Market: Emerging Structure of Indian Money Market; Instruments of Money
Market; Money Mutual Funds. Capital Market: Concept, Structure and Functions of Capital
Market; Primary Market- Instruments of Issue and Methods of Flotation; Secondary Market
— Concept, Market Players, Trading System and Settlement.
Credit Rating: Meaning, Functions, Importance. Derivatives: Basic Introduction. Financial
Products: Leasing, Hire Purchase, Factoring and Forfeiting.
UNIT IV
Institutional Structure: Commercial and non-commercial Banks, Investment Institutions
—UTI and other Mutual Funds; Insurance Organization- LIC, Scope and Functions,
Objectives of SEBI. And FMC.
- Teacher: Rajkumari Ruhela