Question:
Given below are two statements:
Statement-I: Budget can help in allocation of income but it cannot make an inadequate income adequate.
Statement-II: Families with limited income tend to relinquish all pleasures until their basic needs are met.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statements:
Statement-I: Budget can help in allocation of income but it cannot make an inadequate income adequate.
Statement-II: Families with limited income tend to relinquish all pleasures until their basic needs are met.
In the light of the above statements, choose the correct answer from the options given below:
Statement-I: Budget can help in allocation of income but it cannot make an inadequate income adequate.
Statement-II: Families with limited income tend to relinquish all pleasures until their basic needs are met.
In the light of the above statements, choose the correct answer from the options given below:
Updated On: Mar 18, 2024
- Both Statement I and Statement II are correct
- Both Statement I and Statement II are incorrect
- Statement I is correct but Statement II is incorrect
- Statement I is incorrect but Statement II is correct
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The Correct Option is A
Solution and Explanation
The correct answer is(A): Both Statement I and Statement II are correct
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