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Managing Family Income — Practice Quiz

NIOS · Class 10 · Home Science

Try a 4-question quiz on Managing Family Income for NIOS Class 10 Home Science: tap an answer to check it and see why.

81 questions42 flashcards3 formulas & key relations5 concepts

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Quick Quiz: Managing Family Income

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Tap an answer to check it instantly. No sign-up needed for these 4.

1

What is family income?

2

Which item is a source of income for a family?

3

Which of these can add to family income through skill use?

4

What is expenditure?

81 Questions·
multiple choicemultiple correct

Sample Questions

1multiple choice
1 marks

Which is a basic need of a human being?

Show answer

Food

Food, shelter, and clothing are the basic needs of a human being.

2multiple choice
1 marks

What is a spending plan also called?

Show answer

Budget

A spending plan is also called a budget.

3multiple choice
1 marks

What does a spending plan help a family to do?

Show answer

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.

4multiple choice
1 marks

Which of these is included in expenditure?

Show answer

Transport

Transport is one of the main expenditure heads of a family.

+77 more questions on Managing Family Income (NIOS Class 10 Home Science)

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Frequently Asked Questions

What are the important topics in Managing Family Income for NIOS Class 10 Home Science?
Key topics in Managing Family Income include Income, Expenditure, and Savings, Spending Plan or Budget, How to Make a Spending Plan, Saving, Allocation, and Example Family Budget. Study these first, then practise questions on each for the NIOS Class 10 board exam.
How many practice questions are there for Managing Family Income?
There are 81 questions on Managing Family Income. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

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

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