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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…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

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:

Official previous-year question

Held on 21 May 2025 · Verified 13 Jul 2026.

Options

  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

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