33.
34.
35.

36.

254379

4 D 30277
Part D (Essay type questions)

Answer any two questions.

Each question carries 12 marks.
What are stock exchanges ? Discuss the functions of stock exchanges.
Explain the meaning of financial system. Discuss the salient features of financial markets in India.

Explain the meaning and significance of new issue market. Discuss the causes for poor performance
of new issues market.

What are the differences between primary markets and secondary markets ? Explain the functions
of primary market.

(2 x 12 = 24 marks)

254379