Answer in one sentence.
1. What is financial market ?
Ans: A financial market Is a market In which peoples trade financial securities and derivatives at low transaction costs.
2. What is call money market ?
Ans: In call money market, funds are lent or borrowed for very short periods I,e. One day.
3. What is Certificate of Deposits ?
Ans: Ms. Certificate of Deposits are, unsecured negotiable promissory notes usually Issued by Commercial Banks and Financial Institutions.
4. What is Trade Bill ?
Ans: Trade Bills are negotiable instruments or bills drawn by a seller on the buyer for value of goods sold under credit sales.
5. What is new issue market ?
Ans: Companies sell their Shares, Debentures, etc for the first time to raise fresh capital In a new Issue market.