Muft Shiksha
Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodExpertLevel 6

In which situation will taking credit in livelihood planning be prudent?

Advertisement

Answer and explanation

Correct answer: When credit is linked with an income-generating plan and repayment capacity

Credit is useful only when there is planning and repayment capacity. In exams connect credit with risk management.

Tags

creditrepaymentlivelihood-planning

Frequently asked questions

What is the correct answer to this question?

When credit is linked with an income-generating plan and repayment capacity

Why is this the correct answer?

Credit is useful only when there is planning and repayment capacity. In exams connect credit with risk management.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

KEEP PRACTISING

10 more MCQs
  1. 1What is the most correct meaning of work?
  2. 2What is the main purpose of livelihood?
  3. 3What is called a career?
  4. 4Employment is mainly related to what?
  5. 5What does a person get in wage employment?
  6. 6Career planning should start with what?
  7. 7Why are skills necessary for work?
  8. 8What is the main benefit of vocational education?
  9. 9What is temporary employment?
  10. 10What is one common benefit of permanent employment?
Report question
Advertisement