Question

What is saving?

• A. Difference between consumption and saving
• B. Difference between income and consumption
• C. Difference between consumption and production
• D. None of these

Hint:

\textbf{Saving} is essential for financial stability and future investment. It is the amount left after deducting consumption expenses from total income.

Answer 1

The Correct Option is B

Saving is the portion of income that is not spent on consumption. It is calculated as the difference between income and consumption, representing the funds available for future investment or security.