Amount borrowed from the bank?
Loan
what is rise in price known as?
Inflation
What is a financial asset?
financial instruments: shares, bonds, derivatives, mutual fund, insurance policy,fixed deposit etc
Who regulates banks?
RBI
Interest charged on actual principal amount is known as?
simple interest
Who regulates stock market?
SEBI
Name a life insurance company
anyone
the value of money today is_______ than the value of money after 1 year
higher
Name any Mutual Fund
any
If income-expenses=savings then, income should be___________ than expenses
more
which instrument gives you ownership in a comapny?
shares
when was SEBI established?
1992
Define budget
include terms, income, expenses savings,
compound interest is?
charging interest on interest
what is a bond?
debt instrument