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PDS

The Public Distribution System is a government-run program aimed at providing food and essential commodities to the economically disadvantaged population. It operates through a network of fair price shops that offer subsidized food grains, sugar, kerosene, and other items. This system plays a crucial role in ensuring food security and reducing poverty in developing countries. However, it also faces challenges such as leakages and inefficiencies. As a finance expert, I believe understanding the intricacies of this system is crucial in comprehending the socio-economic landscape of a country. Let's delve deeper into its functioning and impact.

NBOT

The National Board of Trade, or NBOT, is a multi-commodity exchange situated in Indore, India. It serves as a platform for buying and selling various goods, including agricu...

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Base Metals

Let's discuss some fundamental concepts in the world of finance - base metals. These are commonly found materials like aluminum, copper, tin, nickel, and lead, which are know...

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Spot Commodity

This market is a physical or virtual marketplace where goods are bought and sold for immediate delivery at current market prices. A key term in the world of finance is the ...

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First Notice Day/ Tender Days

This is an important concept to understand in the world of finance and trading. It is essential for investors to keep track of FNDs as they approach, as it can affect their p...

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