What is a discount market? What are its services?

XIBMS – FINANCIAL INSTITUTIONS XIBMS – FINANCIAL INSTITUTIONS 1. What are derivatives? What are their features? 2. What is a financial system? What is the role in the economic development of a country? 3. How does the Central Bank regulate the quantity and direction of the flow of credit? 4. What are the measures initiated by the SEBI to build investor confidence? 5. What is a Call Money market? What is the importance of Call Money market? Who are the participants in the Call Money market? 6. What is the commercial paper? What are its advantages? 7. What is a Certificate of deposit? How is it different from bank deposit? 8. What is a discount market? What are its services? 9. What is a stock exchange? What are its function? 10. 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