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But these two markets cannot be placed in watertight compartments and there is often a spillover from one market to the other. This explains why the papers included in this volume not only deal with money market problems but also with issues arising out of the growth and working of the Indian capital market. However, it is pertinent to note that the main thrust of the papers, presented in this volume, is on the issues connected with the emerging role of the Indian money market in a market-economy setting
Financial System of any country consists of financial markets, financial intermediation and financial instruments or financial products...
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