CUET · MATHS · PYQ PAPER 2025
Applied Mathematics
Which of the following are NOT correct about "Sinking Fund"?
(A) It does not have any specific purpose.
(B) It can be used in any emergency.
(C) Any amount, any time can be deposited in it.
(D) It is set up for a particular upcoming expense.
Choose the correct answer from the options given below:
- A (A), (B) and (D) only
- B (A), (B) and (C) only
- C (A), (C) and (D) only
- D (B), (C) and (D) only
Answer & Solution
Correct Answer
(B) (A), (B) and (C) only
Step-by-step Solution
Detailed explanation
(A), (B) and (C) only
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