Q1. Answer the following questions as directed:
- a) What is a food budget? What points would you keep in mind while planning a food budget for your home? (120 words)
- b) Hari is a labourer and gets daily wages. Briefly comment on his expenditure on food commodities. (120 words)
- Food budget: a financial plan for household food purchases over time.
- Planning a food budget involves assessing income, prioritizing nutrition, and tracking expenses.
- Consider seasonal buying, bulk purchasing, and limiting eating out for budget optimization.
- Daily wage labourers spend a disproportionately high percentage of income on food.
Answer: As an expert IGNOU tutor, I will answer the questions based on common principles of 'Economics of Food', which are typically covered in courses like CFN-3. Although a specific PDF was not provided, the responses draw upon standard economic concepts related to food consumption and budgeting.