Question

Q.3.Read the following information and write a single term for it:
It is the form of money or assets, taken as a sign of the financial strength of an individual and

assumed to be available for development or investment.

(a) Asset (b) Investment

(c) Capital (d) Fixed Deposit​

Answer 1

Answer:

a)Asset

A financial asset is a non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks. Financial assets are usually more liquid than other tangible assets, such as commodities or real estate, and may be traded on financial markets.

An asset is a resource owned or controlled by an individual, corporation. ... Common types of assets include current, non-current, physical, intangible, operating, and non-operating.

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