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As soon as I entered this fascinating world I was looked upon with great expectations. The world was full of racism yet I was held in high esteem. People from the United States of America to Antartica looked at me as I rolled out from the parentage of Europeans. Since economists, raging bulls and bears did not know much about me, I caught the apprehension of my parents, the share market holders, the financial experts, scholars, students and so on. At my birth, I was placed on the lap of my mother, the Federal Bank.

Frankly, my brother Lira, my sister Sterling and my extended family members like the Deutsch Mark and the Yen were quite jealous of me. I knew my worth. I reveal this secret of mine. I am a form of money held or traded outside the country, in whose currency its value is stated. In future I will be globally accepted by the members of all the nations.

I now take pride of place in Euromarket, a financial market which deals with European currencies. I do not want to roll over, but I'd love to be accepted by the developing as well as underdeveloped nations.

The phrase 'bulls & bears' refer to:

Solution

✅ Correct Option: 1

Option 1 -> "Bulls & bears" are financial terms representing market trends - bulls for rising markets (optimistic investors) and bears for falling markets (pessimistic investors).

Option 2 -> While bulls and bears are animals found on farms, this phrase is not used in agricultural context.

Option 3 -> Though bull and bear baiting were historical practices, the modern phrase doesn't refer to animal fighting.

Option 4 -> This phrase has no connection to retail or grocery businesses.


Hence, Option 1: Stock exchange market -> The terms originate from how these animals attack: bulls thrust their horns upward (rising prices) while bears swipe their paws downward (falling prices), making them perfect metaphors for market movements -> correct

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