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Select the incorrect pair: 1. Income = Saving + Expense 2. Expenditure = Savings - Budget 3. Savings = Income - Expenditure 4. Investment = Saving

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Question

Select the incorrect pair:

Options

  • Income = Saving + Expense

  • Expenditure = Savings - Budget

  • Savings = Income - Expenditure

  • Investment = Saving

MCQ
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Solution

Incorrect pair: Expenditure = Savings - Budget

Correct pair: Expenditure = Income − Savings

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Chapter 1: Budgeting and Savings - EXERCISES [Page 20]

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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 20
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