📚 General Knowledge

Which of the following expenses is generally considered a *variable* expense in a personal budget?

A Monthly rent payment
B Car loan payment
C Groceries
D Health insurance premium

✓ Correct Answer: Option C

Variable expenses are costs that change over time depending on your consumption or usage. Groceries can fluctuate significantly each month based on choices and needs. In contrast, rent, car loan payments, and health insurance premiums are typically fixed or very predictable monthly amounts.

💡 Why is C) the correct answer?

The correct answer to the question "Which of the following expenses is generally considered a *variable* expense in a personal budget?" is Option C: Groceries.

The other options — A) Monthly rent payment, B) Car loan payment, D) Health insurance premium — are incorrect for this General Knowledge question. As explained above: Variable expenses are costs that change over time depending on your consumption or usage. Groceries can fluctuate significantly each month based on choices and needs. In contrast, rent, car loan paym…

📚 About This General Knowledge Practice Question

This 2-level General Knowledge question from the Abbreviations & Full Forms topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free General Knowledge practice test or use flashcards for spaced repetition review.

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