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

IBPS · 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 option is the best way of writing the italicised line without changing its intended meaning?

  1. A.

    Surely, the income will exceed the expenses by a wider margin.

  2. B.

    The income will be greater than the expenses is not a possibility.

  3. C.

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

  4. D.

    If the income does not exceed the expenses by a wider margin, it will be useless.

  5. E.

    None of the Above

Attempted by 16 students.

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Correct answer: C

The worked solution is available to enrolled students.

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