Secretarial Practice and Standard XII Concepts Quiz

Equity Markets = Where stocks/shares of publicly traded companies are bought and sold Debt Markets = Where fixed-income securities like bonds are bought and sold Financial Intermediaries = Entities like banks and insurance companies that facilitate the flow of funds between savers and borrowers Trade Credit Lending = When a supplier provides goods or services to a customer with an agreement to pay at a later date

Households = Savers in the financial system Firms = Borrowers in the financial system Governments = Can act as both borrowers and savers in the financial system Overseas Residents = Can participate as borrowers or savers in the financial system of a country

Savings = Income not spent, usually deposited in a bank or financial institution Lending = The act of providing funds to individuals or organizations with the expectation of repayment Preference Share = A class of share in a company that entitles the holder to a fixed dividend, whose payment takes priority over that of ordinary share dividends Trade Credit = The practice of buying goods or services on account without making immediate cash payment

GR No. Abhyas - 2116/(Pra.Kra.43/16) SD - 4 Dated 25.4.2016 = Reference to the official document assigning the textbook Educational year 2020-21 = The period during which the textbook is decided to be implemented Maharashtra State Bureau of Textbook Production and Curriculum Research, Pune - 411 004 = The organization holding the rights to the textbook DIKSHA App = A smartphone application through which the textbook content and study material can be accessed

Banks = Act as financial intermediaries and facilitate lending and borrowing activities Insurance Companies = Also function as financial intermediaries and provide risk management services Anies Comp Act 2013 = Reference to a specific legislation related to corporate entities Equity Markets = Where individuals and institutions buy and sell shares of publicly traded companies