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Question Practice

What role does saving play in income management?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Home Science
Human Ecology and Family Sciences - II
Financial Management and Planning
Question Bank

What role does saving play in ...

Single Answer MCQ
Q-00108335

What role does saving play in income management?

1

It reduces future expenses only

2

It helps in planning for unexpected events

3

It is not necessary for financial stability

4

It should be avoided for better spending

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