CUET · MATHS · PYQ PAPER 2025
Which of the following are correct about the Sinking Fund?
(A) It is a fixed term account.
(B) It is a set-up for a particular upcoming expense.
(C) A fixed amount at regular intervals is deposited in the Sinking Fund.
(D) It can be used in any emergency.
Choose the correct answer from the options given below:
- A (A), (B) and (D) only
- B (A), (B) and (C) only
- C (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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