ECONOMICS (CBSE/UGC NET)

ECONOMICS

RISK AND RETURN

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Savings Instruments
A
Vehicles for money that has been set aside for the future
B
Transportation
C
Vehicles for money
D
High Interest, Low Risk
Explanation: 

Detailed explanation-1: -Saving-The process of setting income aside for future spending. Saving provides ready cash for emergencies and short-term goals, and funds for investing.

Detailed explanation-2: -There are four types of mutual funds: growth funds, value funds, index funds, and blend funds. Having a diversified portfolio doesn’t just mean a diverse mix of stocks, bonds, and other investment vehicles, it also means diversified even within those breakdowns.

Detailed explanation-3: -The 3 common savings account types are regular deposit, money market, and CDs. Each one works a little different regarding accessibility and amount of interest. Besides these accounts, there are other savings options too. It can get confusing to know which one is best for your needs.

Detailed explanation-4: -Make a Budget. Understand the Concept of Cash Flow. Work With Your Partner. Distinguish Between “Want” and “Need” Make It Automatic. Do a Review. Look for Places to Cut. More items

There is 1 question to complete.