Types Financial Marke

The word Market concerns with the place where people buy and sell the goods & services. Just as Financial market (FM) is concern with the creation & exchange of financial assets. The financial assets are Shares, Equities, and Bonds etc.

Types of Financial Market

Various scholars describe FM in various ways. But for the sake of simplicity we can divide FM in 5 major parts. They are as follows:

1st on the basis of “type of financial claim”

1.1 Debt Market:         

The Debt concerns with the safe investment where the investors provide loans to the business in term of Debt instruments like Debentures. A company has to pay interest on such type of loans. Here a fixed amount of money pays to investor that is why it is called the financial market for fixed claims.

1.2 Equity market:

When Debt investors take their claims, then the Equity holders are the owners of claims are bigger than the Debt holders. The example of Equity instrument is Equity share holders.

2^nd On the basis of “Maturity of claims”

2.1 Money market:

Money market is a short-term debt transaction. In India the money market consists of informal money market & formal money market.

 Informal money market includes the traditional money lenders, their operations are not governed by government regulation. Usually their operations are restricted in particular geographical area only.

Formal money market is basically operates under the presence of the Reserve Bank of India (RBI), Discount & Finance House of India ltd., Non-Banking Financial Companies, Commercial Banks & financial institutions.

2.2 Capital market:

It is a market for long-term financial assets such as shares, Bonds, Debentures & mutual funds.

3^rd on the basis of “New issues or outstanding issues”

3.1 Primary market:

When the financial securities sell the 1^st time in the financial market. It is called Primary market. In another words we can say Primary market is the market for fresh securities.

3.2 Secondary market:

It is concerning with the buying & selling of outstanding or all ready existing securities in the market. In other words we can say that Re-sale of buying securities.

4^th on the basis of “timing of delivery”

4.1 cash or spot market;

When we buy a financial security and its delivery occurs immediately then it is call cash or spot market.

4.2 Forward or Future market:

It is just opposite to the cash or spot market. It means when we buy a financial security and its delivery will be occur in predetermined time in future.

5^th on the basis of “Organizational structure”

5.1 Exchange-traded market:

It is characterized by a centralized market with standardized procedures.

5.2 Over the counter market:

It is characterized by a decentralized market with customized procedures.

Revolution 2020 by Chetan Bhagat

About the Chetan Bhagat

Chetan Bhagat is one of most popular writers in India, Born 22 April 1974 in Delhi in a Punjabi family. His father was an army officer & his mother was a government employee in agricultural department. He wrote 6 successful novels.

Five Point Someone (2004),

R2020 by Chetan Bhagat

One Night @ the Call Center (2005),

The 3 Mistakes of My Life (2008),

2 States (2009), 

Revolution 2020 (2011),

What Young India Wants (2012),

Half Girlfriend (2014).

Even his four novels have been adapted into successful Bollywood flims. The New York Times called him the ‘the biggest selling English language novelist in India’s history’. USA, listed him as one of the world’s ‘100 most creative people in businesses. Bhagat is a motivational speaker & screen play writer. He did his high school from Daula Kuan, completed his Mechanical Engineering from IIT & completed his MBA from IIM Ahmadabad. After almost a decade Chetan quit his international investment banking career in 2009 to devote his entire time to writing and make change happen in the country. He lives in Mumbai with his wife, Anusha, an ex-classmate from IIM-A, and his twin boys, Shyam and Ishaan.

Review of Revolution 2020

R2020 by Chetan Bhagat (2011)

Chetan Bhagat go to Ganga tech college of Varanasi for a guest lecture. There he meets Gopal the very young owner of college. Gopal invite Chetan to drink. While they were drinking, Gopal tells that he is not highly educated but still he is a director of that college. Chetan shows interest to know more about him. Gopal feel sick because of over drinking, he has to shift to hospital, there he tells about his story.

Summary of R2020

It is a fiction & there is nothing concern with the word Revolution. Revolution 2020 is story of three childhood friends name Gopal, Raghav & Arti. The story is setup in the holy & oldest city Varanasi. Yes the city of temple. Gopal & Raghav are close friends they were classmates. They share the same bench in the class room. Arti becomes their friend after a little childish incident made by Gopal & Raghav. Gopal loves Arti from school days.

The story’s narrator is Gopal. Gopal concerns from middle-class-family background. While Raghav is well to do family & Arti comes from a kind of bureaucratic & political family background. Three of them have their own ambitions in life. Gopal wants to become a rich man, Raghav wants to change the world. Arti wants to become Air hostess.

After getting a good rank in JEE & AIEEE. Raghav get admission in a top college of Varanasi. While Gopal fails to get a good rank even get a college. His father forces him to repeat the year for JEE & AIEEE. He suggests Gopal to go the KOTA (Rajasthan) the place of coaching centers for preparation of JEE & AIEEE. Gopal don’t want to go Kota. He doesn’t want to leave Arti. Eventually he has to go. While other side of story Arti falls in love with Raghav.

What happens in that one year is the main part of story. When Gopal return from Kota. He already loss his love Arti & fail to get a good rank again in JEE & AIEEE. How Gopal chooses corruption as an aid to become rich man while Raghav tries to change the world with his revolutionary ideas is In the middle of this novel (R2020).

I don’t to tell you the whole story to ruin your suspense. But in last pages of the R2020,you yourself has to decide who is right & who is wrong. Except for a faint hint in the last chetan doesn’t judge whether Gopal is right or wrong.

My opinion 

Yes I am fan of Chetan Bhagat. But R2020 is completely bollywood type story. Even there are some swearing words starts from B & F. I would like to leave it on your imagination to find out the meaning of those words. I wonder why chetan Bhagat used such type of words in R2020.

Overall R2020 can be read. The few sentences are really good.

My rating to this novel is 7/10. 

Review of the 3 mistakes of my life by Chetan Bhagat

About the Chetan Bhagat

The 3 mistakes of my life by
Chetan Bhagat

Chetan Bhagat completed his graduation from IIT & his post graduation (MBA) from IIM Ahmadabad. He writes about Indian youngsters who have some vision, enthusiasm, passion to fulfill their dreams. He writes about Indian youngsters for the youngsters. The 3 mistake of my life is his third novel. It considered as his most successful novel.

Chetan receives a mail from Govind, who has taken many sleeping pills & write e-mail to the Chetan Bhagat. Chetan was shaken enough to go to the Ahmadabad & find Govind. Fortunately he survives & tells the story to Chetan Bhagat & influences him to write a novel.