Civil Engineering MCQAE Level Civil Engineering
Sinking fund is:
Estimation and CostingEstimation and CostingMEDIUM
Choose the correct answer
A
fund required for sinking of well
B
fund required for maintenance work
C
fund required to take care of depreciation of property
D
fund set aside from income to build up the property at the end of its life
Correct Answer
D. fund set aside from income to build up the property at the end of its life
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A sinking fund is accumulated periodically so that the asset can be replaced at the end of its service life
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This MCQ belongs to WBPSC AE Previous Years Questions Series. Full tests include timed attempts, rank comparison and subject-wise analysis.