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
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