Read the given passage and answer the four questions that follow:-

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:-

Stock exchange market

The correct answer is Option (1) → Stock exchange market

The passage mentions economists, raging bulls and bears, the share market holders, and financial experts, all in the context of the newly introduced Euro currency.

• Bulls and Bears are well-known financial terms used to describe investor sentiment and market conditions:

  • A Bull is an investor who believes the market (or a stock) is going up.

  • A Bear is an investor who believes the market (or a stock) is going down.

Their presence alongside share market holders and financial experts confirms the reference is to the stock exchange/financial market.