Q
Sinking fund is_______________?
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A
A. The fund for rebuilding a structure when its economic life is over
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B
B. Raised to meet maintenance costs
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C
C. The total sum to be paid to the municipal authorities by the tenants
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D
D. A part of the money kept in reserve for providing additional structures and structural modifications
Correct Answer:
A. A. The fund for rebuilding a structure when its economic life is over
