The document provides information about money markets and capital markets. It defines the money market as dealing in short term loans of up to 365 days. Money market instruments discussed include call money, treasury bills, certificates of deposit, commercial paper, repurchase agreements, and banker's acceptances. The roles of the money market are also summarized, such as maintaining monetary equilibrium, promoting economic growth, and helping implement monetary policy. Characteristics of the money market include short term borrowing and lending between parties who agree on interest rates. The importance of the money market to the Indian economy is also highlighted.