The document discusses the classification of financial markets in India. It describes the money market, which deals with financial assets and securities with maturities up to one year. The money market includes the call money market, commercial bills market, treasury bills market, and short-term loan market. The call money market provides short-term finance up to 14 days for entities like commercial banks. The commercial bills market deals in bills of exchange from trade transactions with maturities of 3-6 months. Treasury bills are short-term government debt securities issued to manage liquidity and mature at par. Banks provide short-term loans like overdrafts and cash credits to meet corporate working capital needs.