ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -dependants. A dependant is someone who relies on someone else, possibly for financial support.

Detailed explanation-2: -What Is a Dependent Person? A dependent is an individual that relies on another person for support, most often financial support. A dependent can be a child, a relative, or any other individual who cannot take care of themselves and relies on another person.

Detailed explanation-3: -1. relying on someone or something else for aid, support, etc. conditioned or determined by something else; contingent. Our trip is dependent on the weather.

Detailed explanation-4: -A dependency describes the relationship among activities and specifies the particular order in which they need to be performed. Dependencies arise in every decision making, planning and developing process and are ideally predetermined.

Detailed explanation-5: -To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test: To meet the qualifying child test, your child must be younger than you and either younger than 19 years old or be a “student” younger than 24 years old as of the end of the calendar year.