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Answer Each of These Questions in About One Hundred and Fifty Words: - Entrepreneurship

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Question

Answer each of these questions in about one hundred and fifty words:

Rahil (Finance) and Anushk (HR) are doing MBA (IIM Indore). While reading the newspaper Anushk saw the heading Sensex goes up. But last week the heading was different that Sensex goes down now some confusion was going on her mind, immediately she asked her Friend Rahil the same? Now according to you how Rahil will clear the confusion of Anushk? Explain and give some value points.

Short Note

Solution

Rahil explains him in this way: The Sensex is an “index”.
An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.
The Sensex is an indicator of all the major listed companies of the BSE.
The BSE, is the Bombay Stock Exchange and the NSE is the National Stock Exchange. The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country.
If the Sensex goes up, it indicates that the prices of the stocks (shares) of most of the major companies on the BSE have gone up.
If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.
In this way Rahil cleared the confusion
of Anushk.
Value Points:

  1. Quest for knowledge
  2. Helpfulness
  3.  Consideration for others
  4.  Awareness of responsibility
  5.  Readiness to cooperate
  6.  Friendship.
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Stock Exchange
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Chapter 6: Resource Mobilization - Section C: Stock Exchange [Page 247]

APPEARS IN

CBSE Entrepreneurship Class 12
Chapter 6 Resource Mobilization
Section C: Stock Exchange | Q 3.4 | Page 247
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