Book Details

Description:

**Financial Markets and Services** is a core subject in finance that deals with the structure, functioning, and significance of financial systems in an economy. Financial markets refer to platforms where buyers and sellers trade financial instruments like stocks, bonds, currencies, and derivatives. These markets are divided into categories such as capital markets, money markets, foreign exchange markets, and derivatives markets. On the other hand, financial services include a wide range of offerings such as banking, insurance, investment advisory, asset management, and financial planning, provided by institutions to individuals, businesses, and governments to facilitate financial transactions and manage risks.

This subject equips students with knowledge of how financial institutions operate, how funds are allocated, and the role these markets play in economic development. It also covers regulatory bodies like SEBI, RBI, and IRDAI, which ensure transparency, stability, and investor protection. Students learn about the various instruments used for raising and investing funds, the dynamics of risk and return, and the importance of liquidity in financial systems. Understanding Financial Markets and Services is essential for careers in banking, investment, insurance, and corporate finance, and it helps individuals make informed decisions in a rapidly evolving global financial environment.