Unit-1 Introduction to Financial System
Introduction - Meaning
The financial system is a crucial component of any economy, serving as the backbone for various e...
Structure
The structure of a financial system varies from one country to another, but its primary purpose r...
Functions
The Indian financial system plays a crucial role in the country's economic development and growth...
Components of financial system
I. Financial Assets In any financial system, understanding financial assets is fundamental. Fina...
Financial system and economic development
The financial system plays a significant role in the process of economic development of a country...
Evolution of Indian financial system
Pre-Independence Phase (Before 1947): Establishment of the Bank of Hindustan in Calcutta during ...
Reforms in Indian financial system
Background The pre-reforms period, spanning from the mid-1960s to the early 1990s, was characteri...