Of late, changing lifestyles of people lead to more _________

The correct answer is: A. Savings

Explanation:

Of late, changing lifestyles of people lead to more savings. This is because people are now more aware of the importance of saving for their future. They are also more likely to have disposable income, which they can save. Additionally, there are now more financial products and services available that make it easier for people to save money.

Here is a brief explanation of each option:

• Savings are money that is set aside for future use. Savings can be used for a variety of purposes, such as retirement, a down payment on a house, or an emergency fund.
• Investments are assets that are purchased with the expectation of generating income or capital appreciation. Investments can include stocks, bonds, mutual funds, and real estate.
• Insurance is a contract between an insurance company and an insured party. The insurance company agrees to pay the insured party a sum of money if the insured party suffers a loss that is covered by the insurance policy.
• Borrowings are funds that are borrowed from a lender. Borrowings can be used for a variety of purposes, such as buying a car, paying for college, or starting a business.