Vidyalelo
Commerce · Q301

Insurance

Graduate and Post Graduate · Commerce · question 301

Q301

Savings is a composite of which of the following decisions?

A.
Postponement of consumption
B.
Parting with liquidity
C.
Both A & B
Answer
D.
None of the three

Answer: Option C

Solution

Answer: Option C
Solution:
Savings is a composite of postponement of consumption and parting with liquidity.