Why is knowledge of digital payment and bank accounts useful for women?
Answer and explanation
Correct answer: To increase control over income and economic decision-making
Knowledge of digital payments and bank accounts helps women manage their income, savings and transactions more safely. It supports independent decisions about spending, saving, credit and other financial matters. Increasing housework is not a benefit of financial knowledge. Exam tip: link financial literacy with economic independence and decision-making ability.
Frequently asked questions
What is the correct answer to this question?
To increase control over income and economic decision-making
Why is this the correct answer?
Knowledge of digital payments and bank accounts helps women manage their income, savings and transactions more safely. It supports independent decisions about spending, saving, credit and other financial matters. Increasing housework is not a benefit of financial knowledge. Exam tip: link financial literacy with economic independence and decision-making ability.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, age and gender.
