Options
- A
Debt repayment
- B
Salary to housemaid
- C
Transportation expense
-
Entertainment expense
Correct answer
Why this is the answer
Entertainment expenses are discretionary, meaning they can be reduced or eliminated to optimize savings, unlike fixed expenses such as debt repayment or salaries.
Test yourself for real
Take a full NISM Series XVII mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.