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Chapter 6 of 11
Flashcards

Financial Management and Planning

CBSE · Class 11 · Home Science

Flashcards for Financial Management and Planning — CBSE Class 11 Home Science. Quick Q&A cards covering key concepts, definitions, and formulas.

72 questions90 flashcards5 concepts

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Card 1Financial Management

What is financial management in a family?

Answer

Financial management means planning, controlling, and evaluating the use of all types of family income. Its purpose is to get the greatest satisfaction from the resources available.

Card 2वित्तीय प्रबंधन

परिवार में वित्तीय प्रबंधन क्या है?

Answer

वित्तीय प्रबन्धन (Financial management) का अर्थ है परिवार की सभी प्रकार की आय के उपयोग की योजना बनाना, उसे नियन्त्रित करना तथा उसका मूल्यांकन करना। इसका उद्देश्य उपलब्ध संसाधनों से अधिकतम संतुष्टि प्र

Card 3वित्तीय योजना

वित्तीय योजना क्या है?

Answer

वित्तीय योजना वित्तीय प्रबंधन का बजट बनाने का चरण है। यह एक परिवार को वर्तमान आवश्यकताओं को पूरा करने के लिए आय का उपयोग करने में मदद करता है और दीर्घकालिक लक्ष्यों की दिशा में भी काम करता है।

Card 4Financial Planning

What is financial planning?

Answer

Financial planning is the budget-making stage of financial management. It helps a family use income to meet present needs and also work toward long-term goals.

Card 5Income and Living Standard

Why is regularity and stability of income important?

Answer

The quality of living depends not only on the amount of income but also on how regular and stable it is. A steady income helps a family plan expenses, save money, and meet future needs more easily.

Card 6आय और जीवन स्तर

आय की नियमितता और स्थिरता क्यों महत्वपूर्ण है?

Answer

जीवन की गुणवत्ता केवल आय की मात्रा पर ही निर्भर नहीं करती, बल्कि इस बात पर भी निर्भर करती है कि यह कितनी नियमित और स्थिर है। एक स्थिर आय परिवार को खर्चों की योजना बनाने, पैसे बचाने और भविष्य की जरूरतो

Card 7पारिवारिक आय

पारिवारिक आय क्या है?

Answer

पारिवारिक आय (Family income) किसी परिवार के सभी सदस्यों की किसी निश्चित समय में सभी स्रोतों से प्राप्त कुल आय होती है। आधिकारिक प्रयोजनों के लिये इसे १ अप्रैल से ३१ मार्च तक के किसी वित्तीय वर्ष की वा

Card 8Family Income

What is family income?

Answer

Family income is the sum total of the income of all family members from all sources over a given time period. For official purposes, it is treated as annual income in a financial year from 1 April to

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Frequently Asked Questions

What are the important topics in Financial Management and Planning for CBSE Class 11 Home Science?
Key topics in Financial Management and Planning include Financial Management and Planning — Chapter Overview, Financial Management and Planning — Chapter Overview, Financial Management and Planning — Chapter Overview. These are the concepts CBSE Class 11 examiners draw on most — study them first, then practise related questions.
How to score full marks in Financial Management and Planning — CBSE Class 11 Home Science?
Understand the core concepts first, then work through the 72 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many flashcards are available for Financial Management and Planning?
There are 90 flashcards for Financial Management and Planning covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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