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These days, the development of a country is also judged by its system of transferring finance from the sector where it is in surplus to the sector where it is needed most. To give strength to the economy, SEBI is undertaking measures to develop the capital market. In addition to this, there is anther market in which unsecured and short-term debt instruments are actively traded everyday. These markets together help the savers and investros in directing the available funds into their most productive investment opprtunity.
(a) Name the function being performed by the market in the above case.
(b) Name the market for short term debt.
(c) Differentiate between both the market.

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(a) Mobilisation of savings and channeling them into the most productive uses/Allocative function.
(b) Money market
Difference between Capital Market and Money Refer to page…….
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