Economics · Financial Management
A fund which is created to accumulate money over the years to discharge a specific future obligation or liability is called a:
- 1Contingency fund
- 2Municipal bond
- 3Perpetuity fund
- 4Sinking fund✓
Correct answer
Sinking fund
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Financial Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Financial Management