Final answer:
A diverging lens bends light rays away from its axis while a converging lens brings them together.
Explanation:
Diverging Lens: A lens that causes the light rays to bend away from its axis is known as a diverging lens. This lens is also referred to as a concave lens in which light rays diverge when entering parallel to its axis.
Converging Lens: On the contrary, a converging lens, also known as a convex lens, causes light rays entering it parallel to its axis to converge at a point on the opposite side.
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