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Most major paper currencies in the world, including the Indian rupee, US dollar, and euro, are fiat money. So, what is fiat money exactly? It’s a currency that isn’t backed by a physical commodity like precious metals, but by the authority of the government and the trust of the public.
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- 22 May 2026
Index funds have become a practical entry point for many first-time investors in India. Index investing involves putting money into index funds—mutual funds or exchange-traded funds (ETFs) that track the performance of a market index, such as the BSE Sensex or Nifty 50.
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- 22 May 2026
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