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Bank Exam » Bank Exam Study Materials » General Awareness » Investment Commission
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Investment Commission

What do we understand from the investment commission? What do we know about the budget speech? What do we understand from inviting domestic and foreign business? What do we know about setting up investment in India? We will be shedding light on all these points over here insightfully and interestingly.

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It was in 2004 that the Investment Commission of India was established by the Ministry of Finance. Investment can be explained as the process through which one allocates a certain sum of capital towards resources with the aspiration for a better future. The Budget Speech is read by the Union Finance Minister in the Lok Sabha. Thus, this was just to give the basics about the investment commission and the budget speech. As we move forward, we shall study in detail the investment commission, the budget speech and setting up investment in India. 

Budget Speech and Investments

The budget speech can be described as a speech that can highlight the prominent points regarding the whole budget. It is usually between February to May that the session of Budget is held in the parliament for the purpose of the budget speech. 

The Investment Commission of India was set up to smoothen the options for investment. For the position of the Chairman of the Investment Commission, Mr Ratan Tata was selected because of his skills in business and trade. 

It may be said that India has a very well-regulated system of finance that has access to the markets which have developed all over the globe. Apart from this, one can also find a solid base in India with regards to the English-speaking population for business purposes. Thus, with this, it can be understood that there are lesser barriers with regards to language therefore the invite for domestic and foreign businesses can be quite good. 

Now, for setting up investment in India or for planning the investment one can keep certain points in mind. These points can include selecting the investment in a very careful manner after completing one’s research about that area thoroughly. The individual can also keep reviewing their mutual fund investments and stocks promptly. Apart from this, the tax that might be there on the earnings of one’s investments can also be considered while planning some investments. Lastly, for all kinds of investments, one can try to keep things in a simple way and try to avoid those investments that one may find complicated in terms of understanding. Thus, with this one can gain an insight into the points that can be kept in mind whilst investing. It should be noted that for attaining one’s goals investing can be a significant step. It can turn out to be helpful for a brighter future. Thus, investments can be thought of as a way through which an individual saves and accumulates just in case there might be a rainy day and then those investments may come out to be very useful. 

Conclusion

As observed from the above discussion, various topics have been covered such as details regarding the investment commission, budget speech, inviting domestic and foreign businesses as well as setting up investment in India. It can be said that a budget speech entails prominent points regarding the whole budget which helps get an idea about the budget. Further, the various points that can be kept in mind while investing are also shared above. The details regarding the investment commission are also mentioned comprehensively. Thus, it can be concluded that the above sections include several significant topics such as understanding about investment commission, budget speech, inviting domestic and foreign businesses and setting up investment in India.

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Frequently asked questions

Get answers to the most common queries related to the BANK Examination Preparation.

What do we know about budget sessions and budget speeches?

Answer. The session of a budget is usually in between February to May. The budget speech can be described as a speec...Read full

What do we understand from the investment commission?

Answer.It was in the year 2004 that the Investment Commission was established and Mr. Ratan Tata was selected as the...Read full

What do we know about the significant points that can be kept in mind before making an investment?

Answer.Investment can be a big as well as significant decision therefore there can be a lot of points that the inves...Read full

How can investment be helpful for individuals?

Answer. Investment can help individuals in attaining personal goals, making a better future for themselves and for ...Read full

Answer. The session of a budget is usually in between February to May. The budget speech can be described as a speech that helps in learning about the prominent features of the budget and learning more about the budget. In the Lok Sabha, the budget speech is read by the Union Finance Minister. Thus, with this one can get a brief idea about the budget session and the budget speech.

Answer.It was in the year 2004 that the Investment Commission was established and Mr. Ratan Tata was selected as the Chairman of the investment commission because of his proficient skills in business as well as trade. The investment commission was set up in the Ministry of Finance and it can be described as a three-member commission. Thus, with this one can gain a brief idea about the investment commission.

Answer.Investment can be a big as well as significant decision therefore there can be a lot of points that the investor can keep in mind before making an investment. These points can help make an informed decision regarding an investment. The points that can be kept in mind whilst making an investment can include firstly, the one who is planning to invest can do thorough research about that particular area. Careful research can help in learning the details about the field. Further, the individual can review the mutual funds and the stocks promptly to be updated about them. Another point can be considering the tax that might be there on the earnings from the investment to better understand the project you are investing in. Lastly, the individual who is planning to invest should have a clear idea about the investment and can try to avoid those places where they may find a lack of clarity. Thus, these are a few points that might be helpful whilst doing an investment.

Answer. Investment can help individuals in attaining personal goals, making a better future for themselves and for saving and accumulating for the rainy days.

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