Why is having a bank account important for women?
Answer and explanation
Correct answer: To safely keep, save and use their income
A bank account enables women to deposit income safely, save money, receive payments and use funds independently when needed. It supports economic self-reliance and financial inclusion. Hiding income is not the purpose of a bank account. Exam tip: Link bank accounts with women’s economic independence and savings.
Frequently asked questions
What is the correct answer to this question?
To safely keep, save and use their income
Why is this the correct answer?
A bank account enables women to deposit income safely, save money, receive payments and use funds independently when needed. It supports economic self-reliance and financial inclusion. Hiding income is not the purpose of a bank account. Exam tip: Link bank accounts with women’s economic independence and savings.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Gender issues related to work.
