The document discusses the components of the Indian financial system. It identifies the main components as financial institutions, financial assets, financial services, financial markets, and money. Financial institutions connect borrowers and investors by facilitating transactions using various financial instruments. Financial assets include securities like bonds, debentures, and shares that are traded. Financial services help with activities like borrowing, lending, payments, and risk management. Financial markets allow for the exchange of financial assets without direct money transfers. Money acts as a medium of exchange and store of value within the financial system.