ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Investing allows you to meet personal finance goals.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Managing your money-including saving, investing, and setting financial goals-are all part of personal finance. So are areas like budgeting, retirement planning, and saving for your children’s college educations.

Detailed explanation-2: -Investment definition Investing is the act of putting forth capital with the expectation of income or profit. Personal investing is buying financial securities or property for the purpose of making a profit.

Detailed explanation-3: -Personal finance is managing your money to cover expenses and save for the future. It is a topic that covers a broad array of areas, including managing expenses and debt, how to save and invest, and how to plan for retirement.

Detailed explanation-4: -Buying a home. Having children. Rainy day fund. Retirement. Raising your family. Getting married. A career change. Starting a business. More items •22-Dec-2022

There is 1 question to complete.