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Savings can become a source of income. - Home Science

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Question

Savings can become a source of income.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

Explanation:

Savings can generate income, particularly when invested in interest-bearing accounts, stocks, bonds, or other income-generating assets.

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Concept of Saving
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Chapter 1: Budgeting and Savings - EXERCISES [Page 18]

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Oswal Home Science [English] Class 10 ICSE
Chapter 1 Budgeting and Savings
EXERCISES | Q 3. (a) | Page 18
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