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CUET · MATHS · PYQ PAPER 2025

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:

  1. A (A), (B) and (D) only
  2. B (A), (B) and (C) only
  3. C (A), (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) are NOT correct about "Sinking Fund". Therefore, the correct answer is: (A), (B) and (C) only
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