1.

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?(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2

Answer»

The correct option: (c) Both 1 and 2



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