Topic Details (Notes format)

Corporate Bond Market Development

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

A deep corporate bond market reduces reliance on bank loans, diversifies risk, and lowers financing costs for companies. Efforts include rationalizing stamp duties, electronic trading platforms, and credit enhancement schemes. Yet, challenges persist: limited investor base, rating concerns, and preference for public sector bonds. Exam focus often is on how the bond market can complement bank lending, fueling infrastructure and corporate expansions while enhancing financial stability through risk dispersion.

Practice Questions

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Which organization publishes the Human Development Index (HDI)?

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What is the primary goal of a progressive tax system?

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Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What does the “Human Development Index” measure?

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