In India, in What Way Is the Preference for Light

question 31

Essay

In India, in what way is the preference for light skin also connected to the caste system?

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Definitions:

Yield Spread

The difference between the yields on varying debt instruments, usually of different credit qualities or maturing at different times.

U.S. Treasuries

Short for United States Treasury securities, which are government debt instruments issued by the U.S. Department of the Treasury to finance government spending.

Brokers' Calls

Short-term loans for brokers to fund their clients' margin accounts, often callable on demand.

Stocks on Margin

Refers to buying stocks by borrowing a part of their purchase price from the brokerage firm.