III. Short Answer Questions:

III. Short Answer Questions: . What are the features of Treasury Bills? (any ) . Who are the participants of Money Market? (any ) 12th Commerce Unit - - . . AM Stock exchanges contribute in a huge measure to the growth and expansion of national business and to the ultimate benefit and well- being of the national economy and its people. They provide an ideal conduit through which enormous amounts of capital flows through the interconnected network of financial organizations to all corporate enterprises in the country. Thus, stock exchanges ensure liquidity and transferability of financial assets that are dealt with.