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#ChoiceBroking #Trivia - The concept of mutual fund started back late in 1700 in Europe, when a Dutch merchant and broker invited subscriptions to form a trust to provide an opportunity to diversify for small investors with limited means

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#ChoiceBroking #Trivia - In 600 B.C., Lydia's King Alyattes minted the first official currency. The coins minted were made from electrum, a mixture of silver and gold.

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#ChoiceBroking #Trivia - In August 1994, K. Aufhauser & Company, Inc. (later acquired by TD Ameritrade) became the first brokerage firm in the world to offer online trading via its "WealthWEB".

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#ChoiceBroking #Trivia - On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results

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#ChoiceBroking #Trivia - In the year 1870, Bombay Mutual Life Assurance Society heralded the birth of first Indian life insurance company and covered Indian lives at normal rates.

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#ChoiceBroking #Trivia : National Securities Depository Limited (NSDL) is an Indian central securities depository based in Mumbai. It was established on 8 November 1996 as the first electronic securities depository.

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#ChoiceBroking #Trivia - The name of the famous ‘Wall Street’ originates from an actual wall that was built in the 17th century by the Dutch, who built 12-foot wall to protect attacks from pirates and various Native American tribes.

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#ChoiceBroking #Trivia - The origin of term ‘blue-chip stock' derives from poker. The simplest sets of poker betting discs include white, red, and blue chips, with tradition dictating that the blues are highest in value.

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#ChoiceBroking #Trivia - In India, History of loans dated back during the Maurya dynasty (321 to 185 BC), an instrument called 'Adesha' which was an order on a banker desiring him to pay the money of the note to a third person. which corresponds to the definition of a bill of exchange as we understand it today

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#ChoiceBroking #Trivia - The first ever bond issued by a national government was by the Bank of England in 1694 to raise money to fund a war against France

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