What is a Industry and what are the Types of Industries?
An industry is a type of economic activity where products are created and raw materials are handled by powerful machinery. A set of businesses with comparable business practices that generate…
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What is an Economy?
An economy is typically based on a territory, such as a country or a town, and it depends on the resources or riches that are present in that place. The…
What is Sensex?
The benchmark index of the BSE in India is referred to as the "Sensex." The 30 largest and most popular equities on the BSE make up the Sensex, which serves…
What is Nifty?
The meaning of Nifty is derived from the combination of the phrases "National Stock Exchange" and "fifty." It is the National Stock Exchange Fifty's acronym. The top 50 equity stocks…
What is Compound Interest and How Does It Works?
Compound interest is interest computed on the original principle plus all accumulated interest from prior periods on a deposit or loan. It is computed by multiplying the original principal amount…
What is Mutual Funds?
It is a trust that collects money from a group of individuals with similar financial goals and invests it in stocks, bonds, money market instruments, and/or other securities. After deducting…
What Is Stock Market And How Does It Works?
The stock market is a gathering place for buyers and sellers to trade equities. People used to meet at the trading ring to purchase and sell stocks before the internet.…
What is Banking and How do Banks Make Money?
Banking is the business of safeguarding other people's money. Banks lend this money, earning interest and profit for both the bank and its consumers. A bank is a type of…
What Are The Stages Of Startup Funding?
Every business, regardless of its nature or scale, requires funding to turn its unique ideas into reality. The majority of firms fail due to an inability to raise sufficient financing.…
What is Credit Score?
A credit score is a number ranging from 300 to 850 that represents a consumer's creditworthiness. The higher the score, the more appealing a borrower appears to potential lenders. A…