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Question

Savings is that portion of money income that is .....

This question was previously asked in
SSC CGL 2016 (Tier 1) Previous Year Question Paper (11-Sep-2016) (Shift 2)
The correct answer is

not spent on consumption

Savings is the part of income not spent on consumption, rather it's saved for future use, particularly on consumer durables like appliances and cars.

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