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As a factory owner, you have decided to purchase a heavy machinery after 10 years. It's expected price will be Rs. 1,00,00,000. For this you set…

CUET UG 2022 — Mathematics Applied-Mathematics

2022mcqeasy

As a factory owner, you have decided to purchase a heavy machinery after 10 years. It's expected price will be Rs. 1,00,00,000. For this you set aside a certain amount at the end of every year. Which of the following financial tool fits best for this purpose ?

Official previous-year question

Held on 11 Aug 2022 · Verified 13 Jul 2026.

Options

  1. A

    linking fund

  2. B

    mutual fund

  3. C

    sinking fund

  4. D

    saving account

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