ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
A
investing
B
mutual fund
C
savings
D
rule of 72
Explanation: 

Detailed explanation-1: -Investing Is The Act Of Committing Money Or Capital To An Endeavor With The Expectation Of Obtaining Additional Income Or Profit.

Detailed explanation-2: -The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit is termed as investing.

Detailed explanation-3: -Investing is allocating resources, usually money, with the expectation of earning an income or profit.

Detailed explanation-4: -Investing is the act of putting forth capital with the expectation of income or profit. Personal investing is buying financial securities or property for the purpose of making a profit.

Detailed explanation-5: -Bonds, stocks, mutual funds and exchange-traded funds, or ETFs, are four basic types of investment options.

There is 1 question to complete.