Company's Shareholders: Chairperson's CEO's Auditor's Mission Statement Corporate Governance
Company's Shareholders: Chairperson's CEO's Auditor's Mission Statement Corporate Governance
Company's Shareholders: Chairperson's CEO's Auditor's Mission Statement Corporate Governance
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Like the money market capital market is also very important. It plays a
significant role in the national economy. A developed, dynamic and vibrant
capital market can immensely contribute for speedy economic growth and
development.
Let us get acquainted with the important functions and role of the capital
market.
1. Mobilization of Savings: Capital market is an important source for
mobilizing idle savings from the economy. It mobilizes funds from people
for further investments in the productive channels of an economy. In that
sense it activates the ideal monetary resources and puts them in proper
investments.
2. Capital Formation: Capital market helps in capital formation. Capital
formation is net addition to the existing stock of capital in the economy.
Through mobilization of ideal resources it generates savings; the mobilized
savings are made available to various segments such as agriculture,
industry, etc. This helps in increasing capital formation.
3. Provision of Investment Avenue: Capital market raises resources for
longer periods of time. Thus it provides an investment avenue for people
who wish to invest resources for a long period of time. It provides suitable
interest rate returns also to investors. Instruments such as bonds, equities,
units of mutual funds, insurance policies, etc. definitely provides diverse
investment avenue for the public.
4. Speed up Economic Growth and Development: Capital market
enhances production and productivity in the national economy. As it makes
funds available for long period of time, the financial requirements of
business houses are met by the capital market. It helps in research and
development. This helps in, increasing production and productivity in
economy by generation of employment and development of infrastructure.
5. Proper Regulation of Funds: Capital markets not only helps in fund
mobilization, but it also helps in proper allocation of these resources. It can
have regulation over the resources so that it can direct funds in a
qualitative manner.
6. Service Provision: As an important financial set up capital market
provides various types of services. It includes long term and medium term
loans to industry, underwriting services, consultancy services, export
finance, etc. These services help the manufacturing sector in a large
spectrum.
7. Continuous Availability of Funds: Capital market is place where the
investment avenue is continuously available for long term investment. This
is a liquid market as it makes fund available on continues basis. Both
buyers and seller can easily buy and sell securities as they are
continuously available. Basically capital market transactions are related to
the stock exchanges. Thus marketability in the capital market becomes
easy.
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by Careers360 - 3 hours ago
AS India surges ahead as an Asian economic powerhouse, the general public don’t realise that
this has been made possible thanks to the officials who sift through voluminous data to arrive at
level-headed economic decisions. Welcome to Indian Economic Service/ISS examination, which
paves the way for responsible positions under various arms of the Finance Ministry.
Eligibility: Apart from nationality, age, sex & marital status; the minimum educational
requirements from a recognised university is as follows:
-For Indian Economic Service: Postgraduation (PG) in Economics/Applied Economics/Business
Economics/Econometrics
- For Indian Statistical Service: PG in Statistics/Applied Statistics/Mathematical Statistics
Fees: Rs. 100 payable through a single Central Recruitment Fee Stamp. Fee is exempted for all
SC & ST candidates.
About the Exam
Part-I: Candidates need to appear in the following papers of conventional type. General English
and General Studies paper carry 100 marks each in both these exams. For IES, there are four
conventional papers on General Economics (I, II, III, & Indian Economics) of 200 marks each.
Similarly for ISS, there are four papers of 200 marks each for Statistics (I, II, III, and IV). Total
maximum marks thus add to 1000. Duration of each of the six papers is 3 hours.
The standard of papers in General English/General Studies is such that may be expected of a
graduate, while the standard in optional subjects is that of Master's degree exam in any Indian
university. Candidates are expected to illustrate theory by facts and need to be particularly
conversant with problems of Economics/Statistics in the Indian context.
Paper- I on General Economics cover Theory of Demand; Theory of Production; Theory of
Value; Theory of Distribution and Welfare Economics: Quantitative methods in Economics.
Statistical and Econometrics.
Paper-II covers areas of Economic thought; concept of national income & social accounting;
theory of employment, output, inflation, money & finance; financial & capital markets;
economic growth and development; international Economics; global institutions including the
United Nations, the World Bank, International Monetary Fund (IMF), World Trade Organisation
(WTO) and Multi-national companies (MNCs).
Paper-III has questions from public finance, environmental and industrial Economics and state,
market & planning.
Paper IV is on Indian Economics.
Syllabus of ISS exam covers Probability, Statistical Methods & Numerical Analysis in Paper-I.
Paper-II covers areas such as Linear Models; Estimation; Multivariate Analysis; Hypotheis
testing & Statistical Quality Control. The Statistics-III paper entails Sampling techniques; Design
& Analysis of Experiments; Economic Statistics & Econometrics, while Paper-IV has questions
from Stochastic processes; Demography; Computer Applications and Data Processing.
Part-II: Interview of 200 marks assesses one’s general/specialised knowledge and ability in
academics as also their alertness and intelligence etc.