Query Detail : SEBI Grade A Officer Phase I Paper 1

Harish has some extra money with him and he invests that by buying shares of a company. He is entering into speculation True Your answer False Correct answer Why this situation is not a speculation?
CHIRAG,   July 12th 2020,  
SEBI Grade A Officer Phase I Paper 1


Speculation is usually short term without any basis for investing.. the intention is making quick money... Here Harish is actually investing his extra money to park it into investments (here shares).. investments are longer term