ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does the R stand for in SMART goal?
A
responsible
B
realistic
C
restraint
D
none of these
Explanation: 

Detailed explanation-1: -SMART stands for specific, measurable, achievable, relevant, and time-bound.

Detailed explanation-2: -What are SMART goals? The SMART in SMART goals stands for Specific, Measurable, Achievable, Relevant, and Time-Bound.

Detailed explanation-3: -R-Relevant Realistically or Relevant, you have the resources to achieve your goal. It is vital to set up some realistic parameters.

Detailed explanation-4: -Realistic: Within reach, realistic, and relevant to your life purpose. Timely: With a clearly defined timeline, including a starting date and a target date. The purpose is to create urgency.

Detailed explanation-5: -Specific. Your goal should be clear and specific, otherwise you won’t be able to focus your efforts or feel truly motivated to achieve it. Measurable. It’s important to have measurable goals, so that you can track your progress and stay motivated. Achievable. Relevant. Time-bound.

There is 1 question to complete.