Q. Consider the following statements about Sinking Fund: 1. It is a method of repayment of public debt. 2. It is created by the government out of budgetary revenues every year. Which of the statements given above is/are correct? [CDS 2011] (Solved)
1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2
- c. Both 1 and 2