CHAPTER 06
Economic Trends
CHAPTER OUTLINE
I. The Indian Financial Systems
⢠Bill Market
⢠Financial System
⢠Structure of the Financial System
⢠Functions of the Indian Financial System: Promotion of Capital Formation
II. The Price Policy
⢠Price Movement Since Independence
⢠Objectives of Price Policy
⢠Prices of Industrial Products
⢠Key Words
⢠Questions
⢠References
I. THE INDIAN FINANCIAL SYSTEMS
INDIAN MONEY MARKET
Concept and Meaning of Money Market
A well-organised money market is the basis for an eff ective monetary policy. A money market may be defined as the market for lending and borrowing of short-term funds. ...
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