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Question
Identify and explain the concept from the given illustration:
Raghu’s father regularly invests his money in stocks and bonds.
Explain
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Solution
Concept: Stock exchange
Explanation:
- The 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.
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