Business Studies, asked by ashishpal8605, 1 year ago

Short note on money, banking and capital market in india

Answers

Answered by harshRoy1
2
money is is medium of exchange .it help us it helps industry to establish and business to establish by investing capital by by using the money .
banking play a very important role in transaction and many other business to take to transfer money from one place to another it it is a crucial role in this business
capital is very important in bussiness
Answered by ananya162
1
hloo frnd and your answer is as follows ......

Money: Money is a medium of exchange that is used to buy and value goods and services in the market. It comes in the form of coins or paper/bank notes. Nowadays money has evolved into plastic money whereby we have debit and credit cards that are issued by banking institutions.

Banking: Bank = financial institution = accepts deposits and lends money as well as allows the depositor to withdraw money.
A bank is an institution which deals with money and credit. It accepts deposits from the public, makes the funds available to those who need them, and helps in the remittance of money.

Capital market: A capital market is a financialmarket in which long-term debt (over a year) or equity-backed securities are bought and sold.Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.

hope it helps u....☺☺☺
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