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CUET Mathematics 2026 PYQs29 May Shift 1. Free, no login required.

Statistics & Applications

past year questions, CUET Mathematics 2026 29 May Shift 1

Financial Math

past year questions, Statistics & Applications, CUET Mathematics 2026 29 May Shift 1

Medium

applied

Which of the following are correct?

(A) Sinking fund is a fixed term account.

(B) Sinking fund is set-up for a particular upcoming expense.

(C) In sinking fund any amount, any time can be deposited.

(D) Sinking fund can be used only for the purpose it was created.

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

A sinking fund is a fixed-term account built up by regular, pre-decided deposits to meet a specific future liability, and the accumulated money is earmarked for that purpose alone.

So (A), (B) and (D) are correct.

(C) is false: deposits are fixed in amount and timing, not arbitrary.

Related questions:

2026: 31 May Shift 2

In 2001, a vehicle was purchased for ₹ 2 Lakh. In 2011, the scrap value of the vehicle became ₹ 50,000. What was the annual depreciation?

2026: 15 May Shift 1

Which of the following statements are correct about the compound annual growth rate (CAGR) ?

A. CAGR is a compounded annual return of an investment.

B. CAGR is calculated by using the final and beginning value of an investment.

C. CAGR can be used to calculate and communicate the average growth of a single investment.

D. CAGR can be used to demonstrate and compare the performance of investment advisors.

Choose the correct answer from the options given below:

2025: 13 May Shift 2

Which of the following statements about the Sinking Fund are correct?

(A) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future capital expense.

(B) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future repayment of a long-term debt.

(C) It is set up for any purpose that it may serve.

(D) It is a fund that is accumulated for the purpose of paying off a financial obligation at some future designated date.

Choose the correct answer from the options given below:

2025: 14 May Shift 1

Which of the following are correct about the Sinking Fund?

(A) It is a fixed term account.

(B) It is a set-up for a particular upcoming expense.

(C) A fixed amount at regular intervals is deposited in the Sinking Fund.

(D) It can be used in any emergency.

Choose the correct answer from the options given below:

2026: 22 May Shift 2

A washing machine costing ₹40000 has an estimated useful life of 4 years and a scrap value of ₹5000. The depreciation rate percentage is:

2026: 21 May Shift 2

Geetansh invested ₹27,000 and it grows to ₹81,000 in 2 years. The CAGR % will be:

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