describe the shortcomings of capital market of India.
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The Indian capital market suffers from the following deficiencies: Lack of diversity in the financial instruments. Passive role of public financial institutions in checking malpractices. High cost of transactions and intermediation, mainly due to the absence of well-defined norms for institutional investment.
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The Indian capital market suffers from the following deficiencies: Lack of diversity in the financial instruments. ... Passive role of public financial institutions in checking malpractices. High cost of transactions and intermediation, mainly due to the absence of well-defined norms for institutional investment
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