Give reasons "Saving may be used in future for unforeseen contingencies".
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) Fill in the blanks with appropriate alternative given in the brackets: ... (B) Give Reasons or Explain the Statements. ... 2. Saving may be used in future for unforeseen ...
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Explanation:
Saving may be used in the future for unforeseen contingencies. We can't predict about the future what is going to happen in future. So, we should be ready to get over any circumstances in the future. For that we need money, so we should have enough money to get over of bad situation in the future. Savings are very important for domestic purposes as well as for business. Savings can be considered as the fixed amount of money which can not be used for daily purposes.
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