Management of Income
Authored by Nikisha Kotwal
Science
9th - 10th Grade
Used 1+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income is...
Whatever is spent in the form of money
Whatever is earned in the form of money
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The sources of income are...
Getting Rent
Buying a new mobile phone
Salary of the family members
Interest received from the banks
Savings from the money earned
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenditure means...
Salary earned by family members
Rent payed by tenants
The money that is being spent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Spending money on things is known as...
Interest
Rent
Salary
Expenditure
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Saving money is important because...
It can be wasted
It can be used when you retire
It can be used by the family during emergencies
It can be used for future needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenditure needs to be lesser that the total income.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A spending plan is...
Buying new things all the time.
Encourages you to spend money carelessly.
A planned approach to spend money wisely.
Harmful for the family members
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