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Chapters
▶ 1: Budgeting and Savings
2: Space Organisation in the Kitchen
3: Home Furnishings
UNIT 2: GROWTH AND DEVELOPMENT DURING MIDDLE CHILDHOOD
4: Milestones of Development
5: Role of Family, Peer Group and School
6: Learning Disabilities in Children
UNIT 3: MEAL PLANNING
7: Balanced Diet
8: Meal Planning for the Family
9: Storage and Preservation of Food
UNIT 4: SELECTION AND CARE OF TEXTILE AND CLOTHING
10: Selection of Fabrics
11: Selection of Readymade Garments
12: Laundering
13: Laundry Material
UNIT 5: COMMUNICATION AND EXTENSION
14: Social and Economic Issues in India
15: Role of Government Towards A Developed India
16: Communication Aids
![Oswal solutions for Home Science [English] Class 10 ICSE chapter 1 - Budgeting and Savings - Shaalaa.com](/images/home-science-english-class-10-icse_6:c4a0817a5384439cbcd4223e2bb15b2b.jpg "Oswal solutions for Home Science [English] Class 10 ICSE chapter 1 - Budgeting and Savings")
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Solutions for Chapter 1: Budgeting and Savings
Below listed, you can find solutions for Chapter 1 of CISCE Oswal for Home Science [English] Class 10 ICSE.
Oswal solutions for Home Science [English] Class 10 ICSE 1 Budgeting and Savings EXERCISES [Pages 18 - 19]
MULTIPLE CHOICE QUESTIONS
Budgeting is the first step in ______.
Budgeting
Money management
Expenditure
Family size
'The number of members in the family, along with the earning members, affects the family budget'. This statement is related to the factor ______.
Availability of money
Socio-Economic Status
Composition of the family
Family Life Cycle
Which of the following is/are step(s) for planning a realistic budget?
Estimating the cost of desired items
Bringing expected income and expenditures into balance
Estimating the cost of desired items
All the above
Fill in the blanks
The income of a family from different sources can be listed under ______ and ______ headings.
______ is the process of putting surplus funds in some productive activity with the expectation of reasonable return.
______ is for protecting a person or his family against the loss of income because of the death of the insured.
State True or False
Savings can become a source of income.
True
False
PPF is a short-term investment option backed by the Government of India.
True
False
A family's socio-economic status is directly related to the standard of living.
True
False
Choose the Odd-One-Out.
Compulsory savings includes
Gratuity
Post Office
Provident fund
Pension Scheme
Choose the Odd-One-Out
The different types of budgets are
Realistic budget
Balanced budget
Surplus budget
Deficit budget
Choose the Odd-One-Out
Budgeting is
Art and science of planning income
The first step in money management
Careful outline of spending money
A type of investment
Identify the given pictures.
 |
Name the company by identifying the logo.
Unit Trust of India
SBI Bank
LIC
None of the above
Identify the given pictures.
 |
What is the answer to the equation given in the picture?
Budget
Consumption Saving
Insurance
Expenditure
Identify the given pictures.
 |
How does the money grow in the given picture?
Investment
Post Office
Budgeting
Gratuity
SHORT ANSWER TYPE QUESTIONS
Name any two types of family budgets.
Name two agencies which help in voluntary saving.
Mention any two factors that affect the family budget.
What is the difference between assured income and possible income?
State two reasons for saving.
Name two schemes introduced to encourage compulsory savings.
Explain any five reasons in planning an effective family budget.
Classify family income into two categories.
Define the term 'investment'.
LONG ANSWER TYPE QUESTIONS
Explain any five reasons in planning an effective family budget.
List and explain the steps in preparing a family budget.
Explain the importance of saving.
Mention any two factors that affect the family budget.
State two reasons for saving.
List the various schemes available for investment purpose by a family.
Solutions for 1: Budgeting and Savings
Oswal solutions for Home Science [English] Class 10 ICSE chapter 1 - Budgeting and Savings
Shaalaa.com has the CISCE Mathematics Home Science [English] Class 10 ICSE CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. Oswal solutions for Mathematics Home Science [English] Class 10 ICSE CISCE 1 (Budgeting and Savings) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. Oswal textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Home Science [English] Class 10 ICSE chapter 1 Budgeting and Savings are Management of Household Finances: Budgeting and Saving, Budgeting, Importance of Budget, Types of Budgets, Factors Affecting Family Budget, Steps in Preparing Budget, Judicious Utilization of Availabl-e Resources, Concept of Saving, Concept of Investment.
Using Oswal Home Science [English] Class 10 ICSE solutions Budgeting and Savings exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Oswal Solutions are essential questions that can be asked in the final exam. Maximum CISCE Home Science [English] Class 10 ICSE students prefer Oswal Textbook Solutions to score more in exams.
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