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Word of the day

Arbitrage

Arbitrage is the process of buying an asset in one market and selling it in another market for a higher price.

Example: A person sees cotton getting sold in Mumbai at Rs 2000.

Then, he sees cotton is selling in Lucknow at Rs 2500.

He decides to buy cotton from Mumbai and sell it in Lucknow to earn profit.

Similar situations can occur with other assets and different markets.

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🔹CA Foundation Economic & BCK MTP 1 - December 2023 :

📍Question Paper

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-Dec-2023

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🎁 CA Foundation Mock Test Papers (MTPs) Series- I for June 2024  :

💡Question Papers & Suggested Answers for June 2024 Exams :

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📍 Paper - 1: Accounting

💙Question Paper
https://t.me/canotes_foundation/28838

🖤Suggested Answers
https://t.me/canotes_foundation/28832

📍 Paper - 2: Business Law

💙Question Paper
https://t.me/canotes_foundation/28839

🖤Suggested Answers
https://t.me/canotes_foundation/28833

📍 Paper - 3: Maths, LR & Stats

💙Question Paper
https://t.me/canotes_foundation/28834

🖤Suggested Answers
https://t.me/canotes_foundation/28835

📍 Paper-4: Business Eco

💙Question Paper
https://t.me/canotes_foundation/28836

🖤Suggested Answers
https://t.me/canotes_foundation/28837

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-1-June-2024

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