CUET · MATHS · PYQ PAPER 2025
Which of the following are similarities between the sinking fund and the savings account?
(A) The sinking fund and the savings account are both financial tools.
(B) Both can be used in any emergency.
(C) They both involve setting aside an amount of money for the future.
(D) Both are long-term accounts which can be closed any time.
Choose the correct answer from the options given below
- A (A), (B) and (D) only
- B (A), (B) and (C) only
- C (B), (C) and (D) only
- D (A) and (C) only
Answer & Solution
Correct Answer
(D) (A) and (C) only
Step-by-step Solution
Detailed explanation
(A) and (C) only
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