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CUET · MATHS · PYQ PAPER 2025

Which of the following statements are correct?
(A) In the sinking fund a fixed amount at regular intervals is deposited.
(B) Sinking fund is a long-term account which can be closed any time.
(C) In a saving account, any amount, any time can be deposited.
(D) Sinking fund can be used only for the purpose it was created.
Choose the correct answer from the options given below :

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

Answer & Solution

Correct Answer

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

Step-by-step Solution

Detailed explanation

Statements (A), (C), and (D) are correct.
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