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Diwali is a festival in which a family can expect many guests in home. The family has to face many calculated and uncalculated expenses during the festival time.

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Question

Diwali is a festival in which a family can expect many guests in home. The family has to face many calculated and uncalculated expenses during the festival time. Inflation has led to price-rise in commodities.

In this context, answer the following question:

Name two types of saving agencies.

Very Short Answer
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Solution

Two common types of saving agencies are banks and the post office (postal savings).

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Chapter 1: Budgeting and Savings - EXERCISES [Page 21]

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Dr. Alka Agarwal, Urvi Raval Home Science for Class 10th ICSE
Chapter 1 Budgeting and Savings
EXERCISES | Q 8. (b) | Page 21
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