ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following careers would be possible choices for someone interested in money and finance?
A
Psychologist
B
Social worker
C
Insurance actuary
D
Musician
Explanation: 

Detailed explanation-1: -Which of the following careers would be a possible choice for someone interested in money and finance? Banker, Certified Financial Planner, Stock broker, accountant, etc.

Detailed explanation-2: -Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. There are three main types of finance: (1) personal, (2) corporate, and (3) public/government.

Detailed explanation-3: -Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those economic entities that most need them or can put them to the most productive use.

Detailed explanation-4: -Public finance. Corporate finance. Personal finance.

There is 1 question to complete.