Identify and explain the concept from the given illustration:
Raghu’s father regularly invests his money in stocks and bonds.
Concept: Stock exchange
- Stock exchange is an association or organization in which stocks, bonds, commodities, etc are traded. E.g. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)
- Hence, this illustration relates to ‘stock exchange’ as Raghu’s father regularly invests his money in stocks and bonds.
Concept: Capital Market in India
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