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

Practice - Psychic Income

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define psychic income in your own words.

💡 Hint: Think about what makes you happy beyond just money.

Question 2 Easy

List two examples of money income.

💡 Hint: Consider sources of income that are tangible and measurable.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is psychic income?

A. Financial benefits
B. Satisfaction from ownership
C. Money saved

💡 Hint: Think about happiness derived from non-material aspects.

Question 2

True or False: Money income includes only salary.

True
False

💡 Hint: Remember other forms of income beyond just salary.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze how a shift towards valuing psychic income could influence marketing strategies.

💡 Hint: Think about how advertisements appeal to emotions.

Challenge 2 Hard

Design a different utility budgeting plan incorporating aspects of psychic income.

💡 Hint: Consider how investing in experiences enhances satisfaction.

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Reference links

Supplementary resources to enhance your learning experience.