Which of the following is correct about the Sinking Fund?
CUET UG 2025 — Mathematics Statistics & Applications
Which of the following is correct about the Sinking Fund?
Held on 13 May 2025 · Verified 13 Jul 2026.
Options
- A
It is a long-term account which can be closed any time.
- B
It is set-up for a particular upcoming expense.
- C
Any amount can be deposited in the sinking fund at any point of time.
- D
It can be used in any emergency.
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