Q1. Mr. X is 35 years old and has recently joined an MNC as a Manager Hr. His annual package is 20lac. In his family he has 2 kids and a wife, who is a home maker. Some time back he invested in equity...

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Extracted text: Q1. Mr. X is 35 years old and has recently joined an MNC as a Manager Hr. His annual package is 20lac. In his family he has 2 kids and a wife, who is a home maker. Some time back he invested in equity market and booked loss in that deal because of this pandemic situation, this year he got some tip about some stocks and he again purchased the same stocks and lost money in intraday trading. His friend Mr. Vijay suggested that he should invest after consulting a financial expert, to reduce the risk of loss. Mr. X and his friend Vijay both have their savings account in your bank. You are RM and you have to manage bank's clients. Mr.X came to you for consultation about the risks involved in investments.Do you think he was investing his money? Can you tell him difference between investment and speculation and real characterstics of investment?Tell him about some securities with low risk.