Managing Family Income — Important Questions
NIOS · Class 10 · Home Science
81 important questions from Managing Family Income for NIOS Class 10 Home Science, with answers. Includes multiple choice and multiple correct questions.
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Important Questions from Managing Family Income
Which is a basic need of a human being?
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Food
Food, shelter, and clothing are the basic needs of a human being.
What is a spending plan also called?
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Budget
A spending plan is also called a budget.
What does a spending plan help a family to do?
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Live within its income and save for future needs
A spending plan helps the family manage money wisely, meet needs, and save for emergencies and future use.
Which of these is included in expenditure?
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Transport
Transport is one of the main expenditure heads of a family.
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