NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 1 Of 93
Go to:
Securities Markets: Financial markets include money, debt, and equity markets, with securities markets focusing on equity and debt capital flow from investors to businesses.
Role of Securities Markets: Securities markets channel savings to investments, enabling efficient capital allocation for businesses and governments.
Securities Definition: Securities, as per the Securities Contracts (Regulation) Act, 1956, include shares, bonds, derivatives, mutual fund units, and government securities.
Securities Features: Securities represent a monetary exchange between issuers and investors, offering returns and liquidity through regulated contracts.
Equity vs. Debt: Equity securities grant ownership and management participation, while debt securities provide fixed interest and principal repayment.
MODELEXAM® 
www.realsoftinfoplan.com