Important Points for IC 99 - Asset Management Exam
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Financial market effects efficient transfer of resources from those having idle resources to others need them for productive purpose.
As per IRDA Investment Regulation, money market instruments comprise of Short Term funds with maturity not more than one year.
Capital market comprises the complex of institutions and mechanisms through which intermediate term funds and long term funds are pooled and made available to business, government and individuals.
The debt market is the market where debt instruments are traded. Debt instruments are the financial assets that require a fixed payment to the holder, usually with interest.
IPO (Initial Public Offering) is the initial or first sale of stock by a private company to the public.
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