Managing Family Income
NIOS · Class 10 · Home Science
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Quick Quiz: Managing Family Income
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What is family income?
Which item is a source of income for a family?
Which of these can add to family income through skill use?
What is expenditure?
Sample Questions
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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