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