Part/unit weightage: 15 marks where the official CBSE structure groups this unit under the indicated section. Theory is 80 marks and project work is 20 marks. citeturn0search11

1. What You Need to Learn

Meaning and functions; money market and capital market; primary and secondary market; stock exchange; trading and settlement; SEBI.

2. Core Concepts

Financial markets facilitate creation and mobilisation of financial resources. Money market deals with short-term funds; capital market deals with medium- and long-term funds. Primary market issues new securities; secondary market enables trading of existing securities.

3. Common Mistakes

Do not confuse primary market with stock exchange trading. Learn functions of stock exchanges and the regulatory role of SEBI.

4. Case-Based & Exam Practice

1. Classify a financial instrument or market.
2. Distinguish primary and secondary markets.
3. Explain any functions of a stock exchange and the role of SEBI..

5. Quick Revision Checklist

• Can you define the key terms in NCERT language?
• Can you identify the concept from a business case?
• Can you explain the reason, feature, advantage or limitation?
• Can you apply the concept to a new situation?

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