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Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. His friend, Yash suggested him to invest this money in the shares of Progressive Ltd. As he too is the shareholder of this company. But Gautam wants to invest this money for expansion of his business after a period of 2 years. Yash tries to convince Gautam by saying that he can easily sell his shares in the market and convert them into cash when need arises. Name the merit of Progressive Ltd highlighted in the above para.?
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Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. Hi...
Merit of Progressive Ltd Highlighted

High Marketability of Shares

Explanation

The merit of Progressive Ltd highlighted in the above paragraph is the high marketability of its shares. Yash suggests Gautam to invest his lottery money in the shares of Progressive Ltd as he is also a shareholder of the company. He convinces Gautam that he can easily sell his shares in the market and convert them into cash when needed.

The high marketability of shares means that the shares of the company can be easily bought or sold in the stock market. This is an important feature for investors who want to convert their investment into cash quickly. The high marketability of shares is usually found in companies that have a good reputation, are financially stable, and have a large number of shareholders.

In the case of Progressive Ltd, the company's shares are highly marketable because of several reasons. Firstly, the company has a good reputation in the market and is financially stable. Secondly, the company has a large number of shareholders, which increases the demand for its shares in the market. Thirdly, the company is listed on a major stock exchange, which makes it easier for investors to buy and sell its shares.

Therefore, Yash's suggestion to Gautam to invest his lottery money in the shares of Progressive Ltd is based on the merit of the company's high marketability of its shares.
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Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. His friend, Yash suggested him to invest this money in the shares of Progressive Ltd. As he too is the shareholder of this company. But Gautam wants to invest this money for expansion of his business after a period of 2 years. Yash tries to convince Gautam by saying that he can easily sell his shares in the market and convert them into cash when need arises. Name the merit of Progressive Ltd highlighted in the above para.?
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Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. His friend, Yash suggested him to invest this money in the shares of Progressive Ltd. As he too is the shareholder of this company. But Gautam wants to invest this money for expansion of his business after a period of 2 years. Yash tries to convince Gautam by saying that he can easily sell his shares in the market and convert them into cash when need arises. Name the merit of Progressive Ltd highlighted in the above para.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. His friend, Yash suggested him to invest this money in the shares of Progressive Ltd. As he too is the shareholder of this company. But Gautam wants to invest this money for expansion of his business after a period of 2 years. Yash tries to convince Gautam by saying that he can easily sell his shares in the market and convert them into cash when need arises. Name the merit of Progressive Ltd highlighted in the above para.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q11.Gautam a grocery store owner, has won a lottery of Rs.1,00,000. His friend, Yash suggested him to invest this money in the shares of Progressive Ltd. As he too is the shareholder of this company. But Gautam wants to invest this money for expansion of his business after a period of 2 years. Yash tries to convince Gautam by saying that he can easily sell his shares in the market and convert them into cash when need arises. Name the merit of Progressive Ltd highlighted in the above para.?.
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