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Assertion (A): Market value of a share always remains the same. Reason (R): The value of a share printed on the share certificate is called its market value.

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Question

Assertion (A): Market value of a share always remains the same.

Reason (R): The value of a share printed on the share certificate is called its market value.

Options

  • A is true, R is false

  • A is false, R is true

  • Both A and R are true

  • Both A and R are false

MCQ
Assertion and Reasoning
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Solution

Both A and R are false

Explanation:

A is false because a share’s market value (the price at which it trades) fluctuates over time it does not always remain the same. 

R is false because the value printed on the share certificate is the face (nominal) value, not the market value.

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Chapter 3: Shares and Dividends - EXERCISE 3 [Page 34]

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R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 3 Shares and Dividends
EXERCISE 3 | Q 1. | Page 34
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