Question

What are major constituents of financial services market?

Answer 1

Answer:

The financial services sector offers a number of professional services like credit rating, venture capital financing, mutual funds, merchant banking, depository services, book building, etc. Financial institutions and financial markets help in the working of the financial system by means of financial instruments

Answer 2

The major constituents of the financial services market are the financial assets, the financial market and the financial institutions.

Explanation:

• Financial markets are also called the capital markets and they are the place where people can sell and purchase different kinds of bonds, assets, foreign exchange, and and  do other forms of financial transactions
• The financial institutions consist of investment houses, banks, insurance companies, real estate brokers, investment trusts  and more. These markets are controlled and regulated by the Government
• The financial assets are what can be used in the place of money for investments. These could be in terms of  shares, debentures, bonds and more

To know more about financial institutions

Why every bank is a financial institution but not any financial institution is a bank?

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