Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Financial Mathematics

Question:

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:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

Explanation:

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