These definitions help us to determine the fundamental traits of a cash market. A money market comprises of a properly organized banking system. Numerous financial devices are used for transactions in a money market. There’s excellent mobility of funds in a money market. The transactions in a cash market are of brief term nature.
One of many major problem of Indian Money Market is its inefficient and corrupt administration. Inefficiency is because of defective choice, lack of training, poor efficiency appraisal, faulty promotions etc. For the expansion and success of money market, there’s need for effectively skilled and dedicated workforce in banks. Nevertheless, in India a number of the bank officials are inefficient and corrupt.
Why? Because you do not wish to have all your eggs in a single basket. You already make all of your cash from this company. Now, say the company goes bankrupt and you lose your … Read more