ECONOMICS
SAVING AND INVESTING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is not a purpose of saving?
|
|
For purchases
|
|
|
For retirement
|
|
|
For income
|
|
|
For an emergency fund
|
Explanation:
Detailed explanation-1: -The Correct Answer is Fixed Deposit (FD).
Detailed explanation-2: -The correct answer is MODVAT. MODVAT is not related to income tax.
There is 1 question to complete.