ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Check all the items that would be considered ‘Essential Items’
A
Ray Bans
B
Electricity
C
Rent
D
A cool pen
E
Candy
Explanation: 

Detailed explanation-1: -non-essential goods. Synonyms: unnecessary, peripheral, unimportant, superfluous More Synonyms of non-essential. plural noun. Non-essentials are things that are not absolutely necessary. In a recession, consumers could be expected to cut down on non-essentials like toys.

Detailed explanation-2: -Vastu in the rented house, works for the space that has been occupied by the tenant. The direction of the house or the ‘facing’ of the house, is the direction you face, while coming out of the house. The direction of the main entrance is the most important aspect, while taking a rental home.

Detailed explanation-3: -Water. Food. Can Opener. Medications. First Aid. Flashlight. Radio. Clothes. More items •13-May-2021

Detailed explanation-4: -Rent tenure. Rent amount. Security amount. Rent payment date. Any panel payment if rent is late. Facilities for tenant. Rent escalation clause. Renewal terms after the contract expires.

There is 1 question to complete.