SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following refers to investment?
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The money spent on religious ceremonies
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The money spent on social customs
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The money spent to buy assets such as land
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The money spent on household goods
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Explanation:
Detailed explanation-1: -The correct answer is Investment. The money that is spent to buy assets such as land, building, machines, and other equipment is called Investment. An investment is an asset or item acquired with the goal of generating income or appreciation.
Detailed explanation-2: -The practice of spreading money among different investments to reduce risk is known as diversification.
Detailed explanation-3: -Mutual fund Investment. Stocks. Bonds. Exchange Traded Funds (ETFs) Fixed deposits. Retirement planning. Cash and cash equivalents. Real estate Investment. More items
Detailed explanation-4: -Stocks. Bonds. Cash equivalent.
There is 1 question to complete.