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प्रश्न
Explain the following term/concept.
Financial market
टीपा लिहा
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उत्तर
It is a market where financial assets i.e. financial instruments are exchanged or bought and sold. It represents the market which raises finance for the long-term via Capital Market and for the short-term via Money Market. The financial market helps in mobilisation of savings and converts it into investments. Thus, the financial market acts as an intermediary between investors and borrowers.
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