Basic Concepts in Economics — Economics STD 11 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsEconomicsBasic Concepts in Economics2 Marks
Question
Sahil utilized his bank balance to start a fruit shop.
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Answer
Investment. Investment refers to the creation of capital assets through the mobilization of savings. In the above case, Sahil mobilizes his bank savings into investment in a fruit shop.
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