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Identify and explain the concept from the given illustration: Raghu’s father regularly invests his money in stocks and bonds. - Economics

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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:

  1. 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)
  2. Hence, this illustration relates to ‘stock exchange,’ as Raghu’s father regularly invests his money in stocks and bonds.
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Chapter 9: Money Market and Capital Market in India - Exercise [Page 92]

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Balbharati Economics [English] Standard 12 Maharashtra State Board
Chapter 9 Money Market and Capital Market in India
Exercise | Q 5. (1) | Page 92
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