In India, a major portion of money market transaction is conducted by

In India, a major portion of money market transaction is conducted by commercial banks like SBI, PNB, etc. Development banks like IFC, IDBI, etc. and special financial institutions like DFHI, UTI, etc. The indigenous banks, moneylenders and chitty funds are also other participants in the market.1. Categorise these money market participants into appropriate heads.2. Identify the sub markets in which these institutions participate for short term dealings.

Answer»

1. Capital market can be divided into organized market and unorganized market.

Organised Money Market	Unorganised Money Market
Commercial Banks	Indigenous Bank
Development banks	Moneylenders
Special financial institutions	Chitty Funds

2. The sub markets are called money market, commercial bill market, treasury bill market, commercial paper market, etc.