Concept:Money held to meet everyday personal and household expenses is known as transactionary demand for money.
Explanation:Mr. K borrows in order to provide household needs such as food, rent, and utilities.
These are regular, day-to-day payments that require holding money for transactions.
This is different from speculative demand, which involves holding money for future investment opportunities.
It is also different from precautionary demand, which involves saving for unexpected emergencies.
Therefore, the borrowing is for the transactionary motive.
Answer:A. transactionary