Practice Family Income - 10.2 | 10. Financial Management and Planning | CBSE 11 Human Ecology and Family Sciences Part II
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define family income in your own words.

💡 Hint: Think about all sources of income in your family.

Question 2

Easy

What is money income?

💡 Hint: Consider what money comes into your family regularly.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does family income represent?

  • Total income from all sources
  • Only salary
  • Only gifts

💡 Hint: Consider all the money coming into the household.

Question 2

True or False: Psychic income can be measured easily in monetary terms.

  • True
  • False

💡 Hint: Think about how happiness is often valued.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

If a family has a salary of $60,000, rental income of $10,000, and received $5,000 in gifts, calculate their total family income.

💡 Hint: Add all income sources together.

Question 2

Discuss how a sudden loss of a job impacts the family's real income and psychic income.

💡 Hint: Consider what changes for family expenses and happiness.

Challenge and get performance evaluation