ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What is a family most likely to do if they want to purchase a home?

A	use a credit card
B	get a mortgage
C	open a checking account
D	purchase a certificate of deposit

Explanation:

Detailed explanation-1: -The Requirements Before Buying the Right Property. Financial Status of The Buyer. Check Developers Reputation & Goodwill Before Buying Right Property. Construction Quality of the Property. Carpet Area of the Property. Location & Neighbourhood of the Property. Connectivity from the Major Points. More items

Detailed explanation-2: -Do your research. Decide on a budget. Choosing the right location. Easy parking. Space to grow. Flexible storage. 07-Feb-2020

Detailed explanation-3: -The features you’ve always wanted: The neighborhood and surrounding area: Lot location and size: The age of a property: Your ideal home style: The right amount of space: A layout you love: The potential for future projects: More items •18-Nov-2022

Detailed explanation-4: -Check Your Credit Report. Fix Any Mistakes. Improve Your Credit Score. Lower Your Debt-to-Income Ratio. Go Large with Your Down Payment.

There is 1 question to complete.