Q.1 Structure of Financial Markets: (06 Marks)

1. What are the main Functions of a financial System and what are the characteristics of an efficient financial system?
2. Discuss in detail about the different types of Financial Markets existing in Pakistan.
3. Explain fundamental and technical analysis and candlestick graphs with the help of a diagram also describe when we use technical and fundamental analysis.

Q.2 The Money Markets: (05 Marks)

1. What are the purposes, participants characteristics and risks involved in the Money Market? Describe the different types of Money Market securities.

b. If a 90 days T-Bill with FV of 1 million is offered to a price of 0.99 million what is the yield on the bill.