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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:

  1. A (A), (B) and (D) only
  2. B (A), (B) and (C) only
  3. C (C) and (D) only
  4. D (B), (C) and (D) only
Verified Solution

Answer & Solution

Correct Answer

(B) (A), (B) and (C) only

Step-by-step Solution

Detailed explanation

(A), (B) and (C) only