Match the following financial terms with their most suitable meaning/synonym:
|
List-I |
List-II |
|
(A) Perpetuity |
(I) Deposit with purpose |
|
(B) Sinking Fund |
(II) Asset value reduction |
|
(C) Bond |
(III) Forever lasting annuity |
|
(D) Depreciation |
(IV) Debt instrument |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A)-(III), (B)-(I), (C)-(IV), (D)-(II)
|
List-I |
List-II |
|
(A) Perpetuity |
(III) Forever lasting annuity |
|
(B) Sinking Fund |
(I) Deposit with purpose |
|
(C) Bond |
(IV) Debt instrument |
|
(D) Depreciation |
(II) Asset value reduction |