Budgeting is an important tool for saving. First, you need to segregate all…

2018

Budgeting is an important tool for saving. First, you need to segregate all your income and expenses.

Then categorise your expenses as least important, important and very important so that you can prioritise them while settling them through your limited income.

Try to figure out ways in which you can curtail expenses.

Make sure that your income is greater than your expenses by as wide a margin as possible.

The surplus fund after meeting all expenses becomes your saving. Only after savings are assured should you think about investment.

Which word opposite in meaning to the bold word should replace it in the passage?

  1. A.

    Enhance

  2. B.

    Curtail

  3. C.

    Damage

  4. D.

    Lengthen

  5. E.

    Leverage

Attempted by 7 students.

Show answer & explanation

Correct answer: B

In the paragraph, the word 'increase' is wrong because budgeting should reduce unnecessary expenses. The opposite word that fits the context is 'curtail', meaning reduce or limit.

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