When income is unstable in an agricultural family, what is the most important purpose of budget planning?
Answer and explanation
Correct answer: Balancing expenses and savings according to seasonal income
Agricultural income often changes seasonally, so budgeting is important. In exams, link seasonal income with financial planning.
Frequently asked questions
What is the correct answer to this question?
Balancing expenses and savings according to seasonal income
Why is this the correct answer?
Agricultural income often changes seasonally, so budgeting is important. In exams, link seasonal income with financial planning.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.