Examveda
Examveda

Discretionary income is not maximised by

A. Debt restructuring

B. Transfer of loans

C. Restructuring of investment

D. Purchase of insurance policy

Answer: Option D

Solution(By Examveda Team)

Discretionary income is not maximised by purchase of insurance policy. Some people use credit cards to purchase discretionary goods, but increasing personal debt is not the same as having discretionary income.

This Question Belongs to Commerce >> Insurance

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